Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$375,000

NAL Estimated Property Value

2692 Waterway Drive, Grand Prairie, TX, 75054

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,114 Sq Ft
price_per_sqft$132.45 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,998 sqft

Building Information

Year Built2008
Stories1
Garage Spaces2

Land Information

APN8537J-F-25
Lot Number25
SubdivisionCove At Grand Peninsula, The
Land UseResidential
Legal DescriptionCOVE AT GRAND PENINSULA, THE BLOCK F LOT 25
Census Tract111566
Assessed Land Value$70,000
Assessed Improvement Value$259,323
Assessment Year2025

About this property

Multiple Offers- Best and Final by 5pm Oct 8th. This beautiful K. Hovnanian home nestled in a great, family-friendly neighborhood. This home boasts a flexible floorplan, office, newly installed carpet in several rooms & tall ceilings. The spacious kitchen has lots of granite counter space, gas cooktop, ss appliances, bar seating & breakfast room. The kitchen opens to a large living room lined with windows & a wood burning fireplace. The formal dining is a great flex space currently used as a classroom. Spacious master retreat with sitting area & ensuite bath with dual sinks, jetted tub & large wic. Community offers walking trails, pools, fitness center, playgrounds, community center, private lake.

Investor Tools

Property Icon
$375,000
Estimated Property Value
$237,313Estimated Mortgage Balance
$137,687Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,917
$329,323
2025
$70,000
$259,323
$329,323
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,917
$329,323

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premia Mortgage Llc
Conventional
$265,500
No
First
Nov 10, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,313
$137,687
36%
63%
$1,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$1,942/mo
+$948/mo
9.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2692 Waterway Drive | Property Details | No Agent List