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$438,000

NAL Estimated Property Value

2948 Cool Water Ter, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,404 Sq Ft
price_per_sqft$191.34 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size8,224 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN23364Y-C-17
Lot Number17
SubdivisionLakeview West
Land UseResidential
Legal DescriptionLAKEVIEW WEST BLOCK C LOT 17
Census Tract111320
Assessed Land Value$80,000
Assessed Improvement Value$345,081
Assessment Year2025

About this property

Welcome to this beautifully maintained 4-bedroom, 2-bathroom home in the desirable Lakeview West community, perfectly situated within the highly rated Mansfield ISD and right next to Lake Ridge High School. From the moment you walk in, you’ll love the flexible layout with a formal living or study and a formal dining area—perfect for entertaining or working from home. The spacious main living area opens to a large chef’s kitchen featuring stainless steel appliances, a gas range, abundant cabinetry, and generous counter space. Retreat to the luxurious master suite with a spa-like bath, while guests or family enjoy three additional well-sized bedrooms. Enjoy the outdoors year-round with a large covered patio and a spacious backyard—ideal for gatherings or quiet evenings. Located near major highways, shopping, dining, and entertainment, this home offers the perfect blend of comfort and convenience in a peaceful, well-kept neighborhood with oversized lots and plenty of storage throughout. Don’t miss your chance to own this move-in ready gem in one of Mansfield’s most sought-after communities!

Investor Tools

Property Icon
$438,000
Estimated Property Value
$0Estimated Mortgage Balance
$438,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,925
$425,081
2025
$80,000
$345,081
$425,081
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,925
$425,081

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$438,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$450/mo
+$2,440/mo
7.9%

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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2948 Cool Water Ter | Property Details | No Agent List