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$236,900

305 NE 37th Street, Grand Prairie, TX, 75050

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.28 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,869 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28176500020100000
Lot Number10
SubdivisionParkway
Land UseResidential
Legal DescriptionPARKWAY 2 BLK B LT 10 INT202200256838 DD09262022 CO-DC 1765000201000 4CP17650002
Census Tract021200
Assessed Land Value$54,000
Assessed Improvement Value$184,780
Assessment Year2025

About this property

Great starter home, 3 beds 2 baths. Carpet and tile throughout the home. Split bedrooms for master privacy. House has 2 driveways, one on both sides of the house. Nice big backyard for the kids to play or to keep your fur babies. Backyard fence has been done recently. There is also a efficiency room that could be a great mother in law room or man cave with full bath but needs work. Great home for you to make your own.

Investor Tools

Property Icon
$238,780
Estimated Property Value
$0Estimated Mortgage Balance
$52,877Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,433 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,850
$238,780
2025
$54,000
$184,780
$238,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,850
$238,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$199,500
No
First
Sep 26, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,903
$52,877
22%
78%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,197/mo
+$775/mo
9.9%

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.

Explore Texas Explore This Area
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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305 NE 37th Street | Property Details | No Agent List