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$139,000

22 E Townhouse Lane 31, Grand Prairie, TX, 75052

$143,104 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,392 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$99.86 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Lot Size2,224 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28154500311660000
Lot Number166
SubdivisionMountain Creek Townhouses
Land UseResidential
Legal DescriptionMOUNTAIN CREEK TOWNHOUSES 2 SITE 31 SW 32 FT LT 166 & NE 6 FT LT 167 INT202000100107 DD04152020 CO-DC 1545003116600
Census Tract016421
Assessed Land Value$40,000
Assessed Improvement Value$154,940
Assessment Year2025

About this property

**MOVE IN READY** Grand Prairie ISD. Well maintained townhome with 3 beds, 2 baths, living & dinning room. Open kitchen with a lots cabinetry, all tile floors & wood burning fireplace. Cute fenced backyard deck with storage shed, covered carport. Refrigerator stay with property. HOA includes water, sewer, garbage, most external maintenance, community playground & swimming pool. Ease access to I-20, 161, 360 and 303, city golf course, park & Mountain Creek Lake. Perfect for rental or occupant property. Seller does not have survey. Buyer & buyer agent to verify all information provided, including school & measurements. Seller is a Texas licensed Realtor.

Investor Tools

Property Icon
$200,000
Estimated Property Value
$0Estimated Mortgage Balance
$200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$143,104
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
$187/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,794
$194,940
2025
$40,000
$154,940
$194,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,794
$194,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$187/mo
+$1,933/mo
12.7%

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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22 E Townhouse Lane 31 | Property Details | No Agent List