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$381,000

NAL Estimated Property Value

2759 Waterway Dr, Grand Prairie, TX, 75054

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,046 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN8537J-H-15
Lot Number15
SubdivisionCove At Grand Peninsula, The
Land UseResidential
Legal DescriptionCOVE AT GRAND PENINSULA, THE BLOCK H LOT 15
Census Tract111566
Assessed Land Value$70,000
Assessed Improvement Value$296,084
Assessment Year2025

About this property

Welcome home to this beautifully maintained residence in the highly sought-after Grand Peninsula community. Thoughtful updates, warm finishes, and an inviting layout make this home as functional as it is charming. Rich wood flooring flows throughout the living spaces, creating a cohesive and welcoming atmosphere from the moment you step inside. Designed for both everyday living and effortless entertaining, the spacious floor plan features a separate dining room, generous laundry room, and an open-concept living area filled with natural light. The kitchen serves as the heart of the home with ample workspace and a breakfast bar that comfortably seats four—perfect for casual meals, morning coffee, or gathering with family and friends. Privately situated at the rear of the home, the primary suite offers a peaceful retreat complete with dual sinks, a relaxing soaking tub, and a separate shower. Step outside to enjoy your own backyard oasis featuring an extended patio and pergola-covered seating area, creating the ideal setting for outdoor dining, weekend barbecues, or simply unwinding at the end of the day. The fenced backyard provides plenty of space to enjoy the outdoors in comfort and privacy. Thoughtfully maintained over the years, the home offers added peace of mind with significant recent improvements, including a new HVAC system, furnace, roof, gutters, and dishwasher. Residents of Grand Peninsula enjoy an exceptional lifestyle with access to a community pool, clubhouse, fitness center, parks, playgrounds, and scenic walking trails near Joe Pool Lake. Conveniently located near I-20 and Highway 360 with easy access to shopping, dining, entertainment, and highly regarded schools, this move-in-ready home offers the perfect blend of comfort, convenience, and community. Don't miss your opportunity to make it yours. Discounted rate options and no lender fee refinancing may be available for qualified buyers of this home.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$138,889Estimated Mortgage Balance
$242,402Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,027
$366,084
2025
$70,000
$296,084
$366,084
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,027
$366,084

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$157,953
No
First
May 6, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,889
$246,111
63%
36%
$948/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$1,333/mo
+$1,557/mo
9.1%

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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2759 Waterway Dr | Property Details | No Agent List