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$675,000

2811 Gillespie Ln, Grand Prairie, TX, 75052

On MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,171 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.83 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size10,877 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APN23213F-8-14
Lot Number14
SubdivisionLake Parks West
Land UseResidential
Legal DescriptionLAKE PARKS WEST BLOCK 8 LOT 14
Census Tract111563
Assessed Land Value$70,000
Assessed Improvement Value$423,099
Assessment Year2025

About this property

Luxury meets lifestyle at 2811 Gillespie Lane. This beautifully updated 6-bedroom home offers over 4,100 square feet of thoughtfully designed living space, soaring ceilings, flexible living areas, and an incredible backyard oasis featuring a newly added custom pool and spa. Whether you're entertaining a crowd or enjoying a quiet evening at home, every space has been designed for comfort and connection. Located in the sought-after Lake Parks West community with convenient access to shopping, dining, and major commuter routes, this home offers the perfect blend of elegance, functionality, and resort-style living.

Investor Tools

Property Icon
$531,000
Estimated Property Value
$290,000Estimated Mortgage Balance
$255,550Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

Interested in this property?

Jacob Anderson

Ballmark Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$972/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,011
$493,099
2025
$70,000
$423,099
$493,099
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,011
$493,099

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank & Trust Of Texas
Conventional
$290,000
No
First
Oct 30, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,379
$280,621
50%
52%
$1,739/mo

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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2811 Gillespie Ln | Property Details | No Agent List