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$485,000

NAL Estimated Property Value

2724 Ponce De Leon, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,007 Sq Ft
price_per_sqft$108.75 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,714 sqft

Building Information

Year Built2008
Stories2
Garage Spaces3

Land Information

APN26236M-A-2
Lot Number2
SubdivisionMira Lagos East Phase B
Land UseResidential
Legal DescriptionMIRA LAGOS EAST PHASE B BLOCK A LOT 2
Census Tract111566
Assessed Land Value$85,000
Assessed Improvement Value$393,583
Assessment Year2025

About this property

BACK ON THE MARKET. Wonderful Mira Lagos property with great access to Mansfield, Arlington and Cedar Hill. This 2 story brick home is off of Grand Peninsula and sought after Mansfield ISD. The mixed stone and brickwork is well balanced and not overstated. This spacious home is great for entertaining and visitors. The open floor plan and kitchen island draws everyone to the center of the home. Granite counter tops and modern lighting add a great touch to the kitchen. Hideaway in the media room upstairs and watch the big game while the kids play in the second living area upstairs. Relax in the spacious backyard under the covered porch.

Investor Tools

Property Icon
$485,000
Estimated Property Value
$322,412Estimated Mortgage Balance
$162,588Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
$586/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,946
$478,583
2025
$85,000
$393,583
$478,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,946
$478,583

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Va
$345,994
Yes
First
Sep 1, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,412
$162,588
33%
66%
$2,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$2,661/mo
+$229/mo
7.2%

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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2724 Ponce De Leon | Property Details | No Agent List