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$529,000

NAL Estimated Property Value

2931 Spring Lake Drive, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,993 sqft

Building Information

Year Built2014
Garage Spaces3

Land Information

APN23364Y-B-11
Lot Number11
SubdivisionLakeview West
Land UseResidential
Legal DescriptionLAKEVIEW WEST BLOCK B LOT 11
Census Tract111320
Assessed Land Value$80,000
Assessed Improvement Value$438,155
Assessment Year2025

About this property

Stunning home waiting for you. This 4bd 2.5ba beautifully manicured home features the essentials for entertaining, including an open floor plan, magnificent staircase, spacious media room with stadium seating, and a built-in outdoor grill under the covered patio. The upgraded kitchen flows into the living area equipped with a fireplace. The Master Suite features an open bathroom with 2 sinks, large soaking tub, separate shower, and a great walk-in closet. Party meets elegance with this MUST SEE home. Don't miss out.

Investor Tools

Property Icon
$529,000
Estimated Property Value
$369,626Estimated Mortgage Balance
$159,374Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,756
$518,155
2025
$80,000
$438,155
$518,155
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,756
$518,155

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Fha
$411,070
Yes
First
Feb 3, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,626
$159,374
30%
70%
$2,465/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$2,885/mo
+$685/mo
8.1%

City: Grand Prairie

2931 Spring Lake Drive | Property Details | No Agent List