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$650,000

2655 Waterfront Dr, Grand Prairie, TX, 75054

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths3,603 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.41 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,278 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APN2899G-B-6
Lot Number6
SubdivisionBluffs At Grand Peninsula,The
Land UseResidential
Legal DescriptionBLUFFS AT GRAND PENINSULA,THE BLOCK B LOT 6
Census Tract111566
Assessed Land Value$105,000
Assessed Improvement Value$434,268
Assessment Year2025

About this property

Beautiful two-story family home located in the Mansfield school district - Key features of the property include: 5 bedrooms and 4 bathrooms, with the primary bedroom located downstairs - 5th bedroom would make a great office - An island kitchen equipped with granite countertops, a 5-burner gas cooktop, double stainless steel ovens, and a stainless steel refrigerator that stays with the home - A family room featuring a gas log fireplace and a connected granite dry bar, perfect for entertaining - A three-car tandem garage equipped with one Tesla charging station and 2 backup batteries - Energy-efficient upgrades, including solar panels and added attic insulation - An upstairs bedroom with a built-in desk - A nicely finished covered patio -Numerous other amenities make this home a must-see.

Investor Tools

$413,738Estimated Mortgage Balance
$174,262Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Janet McConnell

Berkshire HathawayHS PenFed TX

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,694
$539,268
2025
$105,000
$434,268
$539,268
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,694
$539,268

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goodleap Lc
Conventional
$444,000
No
First
Dec 26, 2022
Jan 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,738
$174,262
29%
70%
$2,663/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$3,048/mo
+$522/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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