$379,000
NAL Estimated Property Value2823 Park Place Drive, Grand Prairie, TX, 75052
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesOther
FlooringCarpet, Ceramic Tile
Exterior
Lot Size7,775 sqft
Building Information
Year Built2004
Stories2
Garage Spaces2
Land Information
APN24506-8-10
Lot Number10
SubdivisionLynn Creek Hills
Land UseResidential
Legal DescriptionLYNN CREEK HILLS BLOCK 8 LOT 10
Census Tract111563
Assessed Land Value$60,000
Assessed Improvement Value$310,780
Assessment Year2025
About this property
Welcome Home!!! This 2 story, 4 bedroom, 2 bath, 2 car garage brick house with POOL is ready for you to make home! With neutral color paint through out, kitchen features breakfast nook with the view of the pool wow! A room perfect for everyone in the family. Master bath has jet tube and shower with dual sinks. This house is amazing and lets not forget the POOL just in time for Texas weather to enjoy, the fun, the relaxation, the family gatherings. Come make this one YOURS! This Grand Prairie hose wont last long you dont want to miss it!!!!!
Investor Tools
$379,000
Estimated Property Value
$178,739Estimated Mortgage Balance
$200,261Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,614
$370,780
2025
$60,000
$310,780
$370,780
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,614
$370,780
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway Mortgage Group Llc
Stand Alone First / Home Equity First Lien
$205,000
No
First
Nov 12, 2019
Dec 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,739
$200,261
52%
47%
$1,230/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,230/mo
+$1,490/mo
8.6%
