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$360,000

NAL Estimated Property Value

2005 Libby Ln, Grand Prairie, TX, 75050

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,383 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.17 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringVinyl

Exterior

Exterior FeaturesCourtyard
Lot Size11,321 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28247600030160000
Lot Number16
SubdivisionWild Rose Ridge
Land UseResidential
Legal DescriptionWILD ROSE RIDGE BLK 3 LT 16 INT202300135518 DD07072023 CO-DC 2476000301600 4CP24760003
Census Tract015406
Assessed Land Value$60,000
Assessed Improvement Value$300,000
Assessment Year2025

About this property

Check out this newly renovated home with over 2,300 sq ft of living space! Luxury vinyl plank ran throughout the home with lush carpet in the bedrooms, large open kitchen with side wet bar area and walk in pantry, second living area can be used as an office space. Spacious outdoor living area and open fire pit area in the center of the home. Come see it today!

Investor Tools

Property Icon
$360,000
Estimated Property Value
$350,027Estimated Mortgage Balance
$9,973Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,246
$360,000
2025
$60,000
$300,000
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,246
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Originpoint Llc
Fha
$358,388
Yes
First
Jul 7, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,027
$9,973
2%
97%
$2,214/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,214/mo
$-242/mo
6.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Prairie

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2005 Libby Ln | Property Details | No Agent List