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$415,000

2743 Waterway Dr, Grand Prairie, TX, 75054

PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,166 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.6 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size6,477 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN8537J-H-11
Lot Number11
SubdivisionCove At Grand Peninsula, The
Land UseResidential
Legal DescriptionCOVE AT GRAND PENINSULA, THE BLOCK H LOT 11
Census Tract111566
Assessed Land Value$70,000
Assessed Improvement Value$279,000
Assessment Year2025

About this property

Welcome to this stunning home in the Grand Peninsula community, a property that perfectly combines style and functionality. From the moment you arrive, the charming brick exterior and manicured landscaping create an inviting first impression. Inside, you are greeted by a versatile and spacious front room featuring elegant dark flooring and exposed decorative ceiling beams, offering endless possibilities for a formal dining area, a sophisticated home office, or a second living space. The home flows seamlessly into a bright, open-concept living area anchored by a cozy fireplace and soaring vaulted ceilings, making it an ideal environment for both daily life and entertaining. The oversized kitchen is a true standout, showcasing striking blue cabinetry, crisp white countertops, and a functional center island. Culinary enthusiasts will appreciate the stainless steel appliances, including a gas range, and the charming breakfast nook complete with a built-in window seat. The thoughtfully designed split floor plan prioritizes privacy, situating the primary retreat away from the secondary rooms. The primary suite serves as a peaceful sanctuary, boasting a beautiful bay window and a luxurious ensuite bathroom equipped with dual vanities, a deep garden tub, and a separate shower. Step outside to a large, grassy backyard featuring a patio area, perfect for weekend gatherings or quiet evenings outdoors. As a resident, you will also have access to the exceptional amenities provided by the Grand Peninsula HOA, including community pools and a variety of organized activities. This property is a rare find that offers both a beautiful interior and a vibrant community lifestyle.

Investor Tools

$245,648Estimated Mortgage Balance
$142,211Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,620
$349,000
2025
$70,000
$279,000
$349,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,620
$349,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$261,300
No
First
Mar 23, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,648
$143,352
36%
63%
$1,567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$2,337/mo
+$553/mo
9.0%

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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