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$299,999

2707 Red Oak Dr, Grand Prairie, TX, 75052

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,788 Sq Ft
price_per_sqft$167.78 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringTile, Wood

Exterior

Lot Size9,126 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN15047-12-13
Lot Number13
SubdivisionGarden Oaks Addition-Gp
Land UseResidential
Legal DescriptionGARDEN OAKS ADDITION-GP BLOCK 12 LOT 13
Census Tract111555
Assessed Land Value$82,170
Assessed Improvement Value$232,361
Assessment Year2025

About this property

Priced BELOW market value!!! Opportunity for EQUITY in a desired neighborhood in Arlington ISD, near Joe Pool Lake, and conveniently located close to highways for an easy commute. Come make this home your own-new paint and carpet already completed as well as plumbing and foundation work. Step inside to an oversized flex room perfect for a home office and formal dining area or second living space that leads to an open concept kitchen & living area. The kitchen boasts a uniquely designed skylight that fills the space with natural light and opens seamlessly to the living room, complete with a cozy brick wood-burning fireplace. The primary bedroom is tucked away off the living area, separate from the 2 additional bedrooms, and offers a large walk-in closet, and ensuite bathroom with double vanity, garden tub, and separate shower. The high ceilings and new carpet carry on to through the additional bedrooms. With a great layout and endless potential, this home is ready for a new family to add their personal touch!

Investor Tools

$263,989Estimated Mortgage Balance
$58,011Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,895
$314,531
2025
$82,170
$232,361
$314,531
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,895
$314,531

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$288,000
No
First
Feb 15, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,989
$58,011
18%
82%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,727/mo
+$393/mo
7.9%

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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2707 Red Oak Dr | Property Details | No Agent List