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$232,000

NAL Estimated Property Value

2371 Palo Pinto, Grand Prairie, TX, 75052

$301,600 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,108 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.57 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,444 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN23213D--22----7---91
Lot Number7
SubdivisionLake Parks East
Land UseResidential
Legal DescriptionLAKE PARKS EAST BLOCK 22 LOT 7 SCHOOL BOUNDARY SPLIT
Census Tract111563
Assessed Land Value$4,550
Assessment Year2025

About this property

Beautiful 4-bedroom, 2.5-bath home in sought-after Lake Parks East! The spacious primary suite with tray ceilings is tucked at the back of the home for added privacy and comfort and has two large closets. A separate formal dining room with tray ceilings sits just off the kitchen. The kitchen also opens to the living area, featuring a cozy gas-starter fireplace. The home office with French doors overlooks the front yard, while all bedrooms are conveniently located downstairs. Upstairs, a large game room offers the perfect spot for entertainment and relaxation. Plenty of storage throughout. The J-swing garage enhances curb appeal and provides extra parking. The roof and AC (smart thermostats) have been replaced in the last 5 years. Enjoy community amenities including a pool, playground, soccer field, and beautiful walking trails surrounded by water. Located in Mansfield ISD and just minutes from Joe Pool Lake, Lynn Creek Park, shopping, dining, and major highways, this home blends comfort, convenience, and lifestyle in one of Grand Prairie’s most desirable neighborhoods. Don’t miss this one! This home could be the one your family will enjoy for years to come.

Investor Tools

Property Icon
$232,000
Estimated Property Value
$0Estimated Mortgage Balance
$232,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$301,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
$308/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$68
$4,550
2025
$4,550
N/A
$4,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$68
$4,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$308/mo
+$2,412/mo
14.1%

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.

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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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2371 Palo Pinto | Property Details | No Agent List