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$525,000

2827 Conrad Ln, Grand Prairie, TX, 75052

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.44 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size7,222 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APN23213F-6-18
Lot Number18
SubdivisionLake Parks West
Land UseResidential
Legal DescriptionLAKE PARKS WEST BLOCK 6 LOT 18
Census Tract111563
Assessed Land Value$70,000
Assessed Improvement Value$376,333
Assessment Year2025

About this property

This recently remodeled home feels like new and offers incredible versatility. With 5 bedrooms, 3.5 bathrooms, a game room, formal living and dining areas, AND a dedicated office, there’s plenty of space to fit any lifestyle. Every inch of flooring was recently replaced, featuring wood throughout the first floor plus new carpet upstairs. The kitchen features freshly painted cabinets, quartz countertops, all new stainless steel appliances, and beautiful hardware. The lighting has been thoughtfully updated throughout the home, as well. This property is located in a desirable area, minutes away from Joe Pool lake with easy access to I20 and HWY 360. This is a prime location for a Fort Worth or Dallas commuter with plenty of entertainment and shopping close by. Neighborhood amenities include a pool and playground!

Investor Tools

Property Icon
$491,000
Estimated Property Value
$0Estimated Mortgage Balance
$491,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,534
$446,333
2025
$70,000
$376,333
$446,333
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,534
$446,333

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$491,000
100%
0%
$0/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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