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$618,980

NAL Estimated Property Value

2711 Explorador, Grand Prairie, TX, 75054

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,214 Sq Ft
price_per_sqft$124.58 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,815 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APN26236L-F-12
Lot Number12
SubdivisionMira Lagos East Phase A
Land UseResidential
Legal DescriptionMIRA LAGOS EAST PHASE A BLOCK F LOT 12
Census Tract111566
Assessed Land Value$95,000
Assessed Improvement Value$523,980
Assessment Year2025

About this property

Multiple Offers Recevied. Highest and Best Offers due by Feb. 3, 2025 by 5PM. Welcome to 2711 Explorador, a gorgeous 5-bedroom, 4.1-bathroom home located in the highly sought-after Mira Lagos subdivision of Grand Prairie, within the esteemed Mansfield ISD. This property presents a rare opportunity to transform it into your dream home, with endless possibilities for customization and design. The expansive family room, anchored by a cozy fireplace, offers the perfect setting for both relaxation and entertaining. With 3 distinct living areas, including a media room, open loft, and bonus room, this home provides ample space to fit any lifestyle. The gourmet kitchen boasts beautiful granite countertops, a large island, and built-in appliances, combining style and functionality while leaving plenty of room for your personal touch. Situated in a prime location with easy access to major highways, this home is just a short drive from Joe Pool Lake, shopping, dining, and entertainment, offering both convenience and a vibrant lifestyle. Don’t miss the chance to make this extraordinary property your own in one of Grand Prairie’s most desirable communities.

Investor Tools

Property Icon
$618,980
Estimated Property Value
$511,405Estimated Mortgage Balance
$107,575Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,714 /month
Positive
Cash Flow Estimate:
$1,238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,098/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,084
$618,980
2025
$95,000
$523,980
$618,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,084
$618,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Geneva Financial Llc
Conventional
$522,975
No
First
Feb 9, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$511,405
$107,575
17%
83%
$3,136/mo

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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