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$302,000

2806 Santa Monica Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.82 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Other

Exterior

Private PoolPrivate Pool
Lot Size7,591 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28119500010020000
Lot Number2
SubdivisionLake Park Village
Land UseResidential
Legal DescriptionLAKE PARK VILLAGE 1 BLK 1 LOT 2 INT201700188675 DD06302017 CO-DC 1195000100200 4CP11950001
Census Tract016407
Assessed Land Value$55,000
Assessed Improvement Value$175,300
Assessment Year2025

About this property

*** MOTIVATED SELLER OFFERING 3% INCENTIVE TO HELP YOU CLOSE THE DEAL*** LOCATION, LOCATION, LOCATION! Nestled in a quiet, well-established neighborhood, this beautiful 3-bedroom, 2-bath home offers the perfect blend of tranquility and convenience. Situated in the heart of the DFW Metroplex, you're just minutes away from top-rated schools, premier shopping, popular dining spots, and endless entertainment options. Get ready for summer in your very own backyard oasis, complete with a sparkling private pool—perfect for relaxing, entertaining, or making unforgettable memories with family and friends. Enter to discover a warm and welcoming living room featuring a dramatic vaulted beamed ceiling and a cozy brick fireplace, ideal for both quiet nights in and lively gatherings. The kitchen is a chef’s delight, offering built-in appliances, a breakfast bar with seating, and plenty of cabinet space for all your storage needs. Retreat to the serene primary suite, complete with an ensuite bath, while spacious secondary bedrooms provide comfort and flexibility for family, guests, or a home office. Additional highlights include an attached garage, mature landscaping, and easy access to major highways, putting both Dallas and Fort Worth within quick reach. Whether you're lounging by the pool, hosting guests, or commuting across the Metroplex, this home checks all the boxes. Don't miss your chance to make it yours! 3D tour available online.

Investor Tools

Property Icon
$302,000
Estimated Property Value
$109,000Estimated Mortgage Balance
$194,594Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,614
$230,300
2025
$55,000
$175,300
$230,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,614
$230,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Credit Line (Revolving) / Heloc
$109,000
No
First
Jul 28, 2025
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,406
$194,594
64%
36%
$654/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$654/mo
+$1,466/mo
8.4%

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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2806 Santa Monica Dr | Property Details | No Agent List