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$446,000

NAL Estimated Property Value

2943 Velero, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,739 Sq Ft
price_per_sqft$173.42 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters, Garden
Lot Size9,736 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN26236D-B-17
Lot Number17
SubdivisionMira Lagos No A-1
Land UseResidential
Legal DescriptionMIRA LAGOS NO A-1 BLOCK B LOT 17
Census Tract111565
Assessed Land Value$80,000
Assessed Improvement Value$330,669
Assessment Year2025

About this property

Welcome to this stunning home nestled in the coveted Mira Lagos community. As you step inside, you're greeted by a spacious layout that includes 4 bedrooms, 3 bathrooms, & 3-car garage. The designated office, complete with French doors, provides the ideal space for remote work. The heart of the home is the large eat-in kitchen, featuring an island w breakfast bar. The dining room, which could easily be converted into a second living area, offers versatility. Upstairs, you'll find the 4th bedroom with an ensuite bath and balcony, offering a private retreat for guests or family members. Step outside to the wonderful large grassy backyard, complete with an extended covered patio & koi pond with water feature, creating a serene outdoor space. Mira Lagos HOA includes use of lake, walk paths, pools, & playgrounds. With its brilliant floor plan and desirable amenities, this home is sure to check off all the boxes on your list. Don't miss out on the opportunity to make this dream home yours!

Investor Tools

Property Icon
$446,000
Estimated Property Value
$435,833Estimated Mortgage Balance
$10,167Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,975
$410,669
2025
$80,000
$330,669
$410,669
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,975
$410,669

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$453,550
No
First
Mar 18, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,833
$10,167
2%
98%
$2,720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$3,320/mo
$-430/mo
7.8%

City: Grand Prairie

2943 Velero | Property Details | No Agent List