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$498,000

2911 Mirado, Grand Prairie, TX, 75054

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.93 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,784 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN26236W-G-10
Lot Number10
SubdivisionMira Lagos No G-2
Land UseResidential
Legal DescriptionMIRA LAGOS NO G-2 BLOCK G LOT 10
Census Tract111320
Assessed Land Value$60,000
Assessed Improvement Value$373,875
Assessment Year2025

About this property

Diamond in the Rough! This 6 bed, 4 bath home in the highly desirable neighborhood of Mira Lagos is perfect for a growing family and priced well below market value as it needs some love. Built be First Texas Homes, this home boasts an open floor plan, curved staircase, gourmet kitchen with island and granite countertops, vaulted ceilings, huge primary bedroom, game room and media room. There are 4 bedrooms and 2 baths upstairs and 2 bedrooms down for which one is being used as an office. The house needs new carpet, paint, new condenser unit for upstairs unit, new garage door or at least repaired. House is being sold as-is and just needs a little work for instant equity.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$0Estimated Mortgage Balance
$498,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$834/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,520
$433,875
2025
$60,000
$373,875
$433,875
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,520
$433,875

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$498,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$500/mo
+$3,070/mo
8.6%

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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2911 Mirado | Property Details | No Agent List