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$209,290

NAL Estimated Property Value

3043 W Ferndale Ln, Grand Prairie, TX, 75052

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,078 Sq Ft
price_per_sqft$194.71 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer, Electric Range, Refrigerator, Washer
FlooringCarpet, Linoleum

Exterior

Lot Size7,008 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN281716600B0420000
Lot Number42
SubdivisionPark Square Rep
Land UseResidential
Legal DescriptionPARK SQUARE 2 REP BLK B LT 42 INT202400093876 DD05082024 CO-DC 1716600B04200 4CP1716600B
Census Tract016406
Assessed Land Value$40,000
Assessed Improvement Value$169,290
Assessment Year2025

About this property

MOTIVATED SELLER. Charming 2-bed, 2-bath one-level home (1 side of a duplex) with a cozy brick fireplace in the living room. The kitchen boasts stainless steel appliances, a stylish tile backsplash, and seamlessly flows into the dining room. The primary suite offers an ensuite bath with granite double vanities. Enjoy a private fenced backyard. Conveniently located across the street from Lyndon Baines Johnson Park and close to shopping and dining. Embrace comfort and convenience in this inviting residence. Click the Virtual Tour link to view the 3D walkthrough.

Investor Tools

Property Icon
$209,290
Estimated Property Value
$198,691Estimated Mortgage Balance
$10,599Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,259 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,100
$209,290
2025
$40,000
$169,290
$209,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,100
$209,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$206,097
Yes
First
May 8, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,691
$10,599
5%
95%
$1,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$1,236/mo
+$414/mo
9.5%

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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3043 W Ferndale Ln | Property Details | No Agent List