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$400,000

2715 Forest Lake Drive, Grand Prairie, TX, 75052

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,795 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.11 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size7,597 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN45976B-D-3
Lot Number3
SubdivisionWest Shore At Joe Pool Lake
Land UseResidential
Legal DescriptionWEST SHORE AT JOE POOL LAKE BLOCK D LOT 3
Census Tract111564
Assessed Land Value$60,000
Assessed Improvement Value$396,761
Assessment Year2025

About this property

Secluded within one of Grand Prairie’s most sought-after neighborhoods, this immaculate residence offers a polished, welcoming flow anchored by a grand formal dining room, a sumptuous primary suite, and a spacious, efficient kitchen that opens to a cozy breakfast nook and an inviting living room. The expansive primary retreat shines with dual vanities, a separate shower and soaking tub, and an oversized walk-in closet. The chef-friendly kitchen is well-appointed with granite countertops, stainless steel appliances, and a versatile breakfast bar ideal for casual dining or conversation. The expansive pantry-laundry room combination provides additional convenience with an abundance of shelving as well as room for a freezer. Upstairs, a generous second living area adapts beautifully as a game room, media lounge, or playroom, while three well-proportioned secondary bedrooms provide comfort and privacy for family or guests. Oh, and the backyard! Complete with a sparkling in-ground pool, sun deck, and a shaded, covered patio, you can enjoy the perfect setting for unwinding, entertaining, and creating many wonderful summer memories. Additionally, the location of this home is exceptional: minutes to the best of both Dallas and Fort Worth, close to Grand Prairie’s newest destinations and developments, plus Grand Prairie residents enjoy complimentary summer access to Joe Pool Lake via Lynn Creek Park. And the icing on the cake: $2000 credit toward buyer's choice of upstairs flooring. A rare opportunity to have it all; see it today before it’s gone.

Investor Tools

$270,433Estimated Mortgage Balance
$186,328Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,741 /month
Positive
Cash Flow Estimate:
$914 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,423
$456,761
2025
$60,000
$396,761
$456,761
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,423
$456,761

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Fha
$289,482
Yes
First
Aug 20, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,433
$186,328
40%
59%
$1,784/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,164/mo
$-44/mo
5.6%

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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