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$409,550

2008 Matagorda Court, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,823 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.35 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size9,492 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN28120700112110000
Lot Number211
SubdivisionLake Parks Ph 1b
Land UseResidential
Legal DescriptionLAKE PARKS PH 1B BLK 11 LT 211 INT202100241882 DD08112021 CO-DC 1207001121100 4CP12070011
Census Tract016416
Assessed Land Value$65,000
Assessed Improvement Value$344,550
Assessment Year2025

About this property

Welcome to this beautiful property on a cul-de-sac street! Desirable floor plan has master suite down, game room or 2nd living room and three bedrooms upstairs. Spacious kitchen that flow into family room. Backyard features an open patio with a pergola to enjoy your morning coffee or enjoy a relaxing afternoon. Included a 12x16 storage shed. Roof replaced 2020. Replaced AC inside unit 2018, condenser 2021. Too many to list. Definitely a must see!

Investor Tools

Property Icon
$409,550
Estimated Property Value
$0Estimated Mortgage Balance
$72,654Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,457 /month
Positive
Cash Flow Estimate:
$819 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$751/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,963
$409,550
2025
$65,000
$344,550
$409,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,963
$409,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$333,485
Yes
First
Aug 11, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,896
$72,654
17%
82%
$2,215/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,215/mo
+$505/mo
8.0%

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.

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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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2008 Matagorda Court | Property Details | No Agent List