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$359,000

2425 Sherwood Drive, Grand Prairie, TX, 75050

$466,700 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.26 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size14,819 sqft

Building Information

Year Built1970
Stories1
Garage Spaces3

Land Information

APN30345-15-4
Lot Number4
SubdivisionNottingham Estates
Land UseResidential
Legal DescriptionNOTTINGHAM ESTATES BLOCK 15 LOT 4
Census Tract113004
Assessed Land Value$65,000
Assessed Improvement Value$390,000
Assessment Year2025

About this property

Beautiful home in a great established neighborhood. This home has room for everyone and everything with ample storage and large rooms! Inside you will find 4 full bedrooms and 3.5 bathrooms as well as a nice game room Nice kitchen and formal living area in the center of the home that leads out to the patio and sparkling pool! Kids can have their own space in the oversized game room with a half bath. Large master bedroom with fireplace and en suite bath with wonderful closet space. Roof replaced July 2020. Kitchen fridge is included. Easy access to 360, 30, 161, 183 and DFW. Do not miss this one! *Buyer backed out without inspection or reason-grab it while you can!

Investor Tools

Property Icon
$505,000
Estimated Property Value
$0Estimated Mortgage Balance
$344,590Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$466,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,692
$455,000
2025
$65,000
$390,000
$455,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,692
$455,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending Praxes Llc
Unknown
$175,000
No
First
Dec 13, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,410
$344,590
68%
32%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,050/mo
+$1,522/mo
6.1%

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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