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$304,000

3127 Timber Creek Drive, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.17 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size13,049 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APN28078890140120000
Lot Number12
SubdivisionGreenwood
Land UseResidential
Legal DescriptionGREENWOOD 2 PH 2 BLK 14 LT 12 64.16X190.47X53.46X200.50 INT202000090456 DD04022020 CO-DC 0788901401200 4CP07889014
Census Tract016419
Assessed Land Value$60,500
Assessed Improvement Value$231,600
Assessment Year2025

About this property

A 3rd of an acre corner lot with no HOA and an inground pool, WOW! New roof in 2012, New HVAC system in 2013, 2010 water heater replaced, recent extended driveway, the lot is perfect for parking a trailer, RV or family gatherings, so many possibilities! All bedrooms are upstairs, great if you have small children or work from home! Sturdy chain-link fence with steel posts around entire backyard. Prime location near the new Ikea store, Epic Waters Park center, close to outlet malls, easy access to freeways, shopping dining, six flags and highly desired new GP ISD - John A Dubiski Career High School, airports, and charter school (International Leadership ILT). Seller can close quickly!

Investor Tools

Property Icon
$304,000
Estimated Property Value
$0Estimated Mortgage Balance
$120,237Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,849
$292,100
2025
$60,500
$231,600
$292,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,849
$292,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$208,550
No
First
Apr 2, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,763
$120,237
39%
60%
$1,251/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,251/mo
+$1,469/mo
10.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3127 Timber Creek Drive | Property Details | No Agent List