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$337,900

2122 Lemart St, Grand Prairie, TX, 75051

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,701 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.65 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Microwave

Exterior

Lot Size10,320 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28098500190050000
Lot Number5
SubdivisionInglewood Terrace
Land UseResidential
Legal DescriptionINGLEWOOD TERRACE BLK 8/1019 LT 5 INT201100117768 DD05022011 CO-DC 0985001900500 4CP09850019
Census Tract016204
Assessed Land Value$50,000
Assessed Improvement Value$256,050
Assessment Year2025

About this property

Beautifully move-in ready! This inviting Grand Prairie home features modern updates throughout, including a NEW ROOF, NEW WINDOWS, and NEW FENCE, giving its next owners added peace of mind. The home offers a functional layout with an updated kitchen, refreshed bathrooms, and stylish finishes throughout. One of the highlights of this home is the beautiful enclosed SUNROOM in the back, complete with AC and a cozy fireplace with chimney. This versatile space can be enjoyed year round and is perfect for relaxing, entertaining, a second living area, or creating a comfortable gathering space. The fenced backyard also includes a small storage room, providing convenient additional storage for tools, lawn equipment, and more. Conveniently located with easy access to I 20, SH 161, President George Bush Turnpike, SH 360, and Loop 12, making it easy to get around DFW. Just minutes from EpicCentral, Epic Waters, Grand Prairie Premium Outlets, Joe Pool Lake, shopping, dining, parks, and entertainment. With the remodeling already completed, a new roof, new fence, and a beautiful year round sunroom, this home is ready for its next owners. Schedule your showing today!

Investor Tools

$244,267Estimated Mortgage Balance
$87,733Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,027 /month
Positive
Cash Flow Estimate:
$676 /month

Interested in this property?

Jennifer Ulloa

Only 1 Realty Group Dallas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$699
$306,050
2025
$50,000
$256,050
$306,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$699
$306,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hawkeye One Enterprises Inc A Fl Corp
Unknown
$235,000
No
First
May 18, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,267
$87,733
26%
74%
$1,471/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,471/mo
+$501/mo
7.1%

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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