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$307,270

NAL Estimated Property Value

313 Clearwood Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,906 Sq Ft
price_per_sqft$152.15 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,736 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28120600120040000
Lot Number4
SubdivisionLake Park Village
Land UseResidential
Legal DescriptionLAKE PARK VILLAGE 3 BLK 12 LOT 4 INT202300143758 DD07192023 CO-DC 1206001200400 4CP12060012
Census Tract016407
Assessed Land Value$55,000
Assessed Improvement Value$252,270
Assessment Year2025

About this property

MULTIPLE OFFER situation...Highest and Best due by 5pm Tuesday, June 27th please. This charming 3 bedroom, 1 bath home with 2 car garage has been thoughtfully renovated and is ready for its new owners. The newly updated kitchen is perfect for weekend breakfast at home with friends and family. Updates include a beautifully designed kitchen with SS appliances, quartz countertop, lg island & new range. Fresh paint throughout, updated flooring, carpet, baseboards, ceiling fans and updated lighting. The location is superb with close proximity to 161 and i20, close to Ikea, Epic, lots of shopping, many restaurants, and walking distance to schools!

Investor Tools

Property Icon
$307,270
Estimated Property Value
$232,314Estimated Mortgage Balance
$74,956Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,844 /month
Positive
Cash Flow Estimate:
$615 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,176
$307,270
2025
$55,000
$252,270
$307,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,176
$307,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$245,000
No
First
Jul 18, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,314
$74,956
24%
76%
$1,469/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,469/mo
+$1,251/mo
10.6%

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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