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$394,000

3216 Porma, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size6,869 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN26236F-I-4
Lot Number4
SubdivisionMira Lagos No F-2
Land UseResidential
Legal DescriptionMIRA LAGOS NO F-2 BLOCK I LOT 4
Census Tract111320
Assessed Land Value$60,000
Assessed Improvement Value$272,512
Assessment Year2025

About this property

Stunning Executive home in Mira Lagos! BRAND NEW CARPET, PAINT AND GRANITE COUNTERTOPS. This large 5 bedroom home features 2 Large living areas and 2 dining areas including a large upstairs game room. The cooks delight kitchen includes stunning granite countertops, plenty of counter and cabinet space, builtin microwave, self clean oven and charming breakfast nook. The huge downstairs master suite overlooks the lush backyard. The master bath features garden tub and separate shower. Upstairs you will find 3 good size bedrooms with walk in closets, full bath, and large game room. Walk to schools, community pools and jog trails. The home has a covered and porch and large covered patio. The home has a full automatic sprinkler system. MISD! HURRY! This will go fast!

Investor Tools

Property Icon
$394,000
Estimated Property Value
$0Estimated Mortgage Balance
$394,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$729/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,774
$332,512
2025
$60,000
$272,512
$332,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,774
$332,512

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$394,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
N/A
+$3,570/mo
10.9%

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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3216 Porma | Property Details | No Agent List