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$557,000

NAL Estimated Property Value

2947 Salina Drive, Grand Prairie, TX, 75054

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.02 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,159 sqft

Building Information

Year Built2016
Garage Spaces3

Land Information

APN23364Z-F-13
Lot Number13
SubdivisionLakeview West Sec 2
Land UseResidential
Legal DescriptionLAKEVIEW WEST SEC 2 BLOCK F LOT 13
Census Tract111320
Assessed Land Value$80,000
Assessed Improvement Value$420,000
Assessment Year2025

About this property

This stunning house is now available in Lakeview West! This exceptional home gives you 5 bedrooms, 4 bathrooms and a roomy 3,184 sq ft of living space. The first floor offers a fantastic open floor plan, separate dining room, a living room w fireplace and tons of natural light. The kitchen with it's large granite countertop island and tasteful pendant lighting is perfect for entertaining or spending time with the family. The primary suite and ensuite with a spacious walk-in closet is perfect for easy access to all of your clothes and accessories. The second floor has three bedrooms, 2 full baths, a second living area and a separate theatre room with built-in surround sound will have you entertaining in style. You will also love the large private backyard and oversized 3-car garage. Located on a quiet street, this home is ready for its next family! The seller will need a temporary leaseback for 45 days.

Investor Tools

Property Icon
$557,000
Estimated Property Value
$486,178Estimated Mortgage Balance
$70,822Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,420 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$810/month
$424/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,934
$500,000
2025
$80,000
$420,000
$500,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,934
$500,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$519,887
No
First
Nov 8, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$486,178
$70,822
12%
87%
$3,117/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.

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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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2947 Salina Drive | Property Details | No Agent List