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$200,000

3016 Koscher Dr, Grand Prairie, TX, 75104

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.56 acres

Land Information

APN281209200I2407000
Lot Number2407
SubdivisionLake Ridge Sec
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 19 BLK I LT 2407 INT202300097734 DD05162023 CO-DC 1209200I24070 4CP1209200I
Census Tract016525
Assessed Land Value$200,000
Assessment Year2025

About this property

Your dream lot is now available. Imagine your dream home nestled in the Lux neigborhood of Lake ridge! With a private country club, walking trails, ponds and just minutes to Joe Pool Lake. This lot has a creek and beautiful trees. Green Space to the left of property and you choose builder! There will be no one living across the street,that owner has around 1000 acres! Fantastic lot- do not miss out on this! I have bylaws and covenants uploaded!

Investor Tools

Property Icon
$200,000
Estimated Property Value
$128,000Estimated Mortgage Balance
$79,041Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
$285/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,830
$200,000
2025
$200,000
N/A
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,830
$200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$128,000
No
First
May 16, 2023
Jun 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,959
$79,041
39%
60%
$768/mo

Learn About the Market: Opportunity in Texas

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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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3016 Koscher Dr | Property Details | No Agent List