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$520,000

NAL Estimated Property Value

3220 Serpis, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,434 Sq Ft
price_per_sqft$215.69 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Barbecue, Rain Gutters, Private Yard, Outdoor Grill
Lot Size6,939 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN26236F-H-20
Lot Number20
SubdivisionMira Lagos No F-2
Land UseResidential
Legal DescriptionMIRA LAGOS NO F-2 BLOCK H LOT 20
Census Tract111320
Assessed Land Value$60,000
Assessed Improvement Value$289,000
Assessment Year2025

About this property

Welcome to a beautifully improved home offering exceptional comfort, style, and functionality. This property has been thoughtfully upgraded inside and out, featuring expanded outdoor space, modern smart-home enhancements, and high-quality finishes throughout. The community also offers outstanding amenities, including three different pools in the area, two sand volleyball courts, a gym, and a clubhouse. Step into a bright, freshly updated interior with new light fixtures, ceiling fans, painted baseboards, doors, and trim. The kitchen has been tastefully upgraded with a new backsplash, painted cabinets, updated lighting, and a new sink. The bathrooms—both upstairs and in the primary suite—feature elegant granite countertops and new sinks. Plantation shutters add charm and energy efficiency. Outdoor living is a highlight of this property. Enjoy extended side yards with newly expanded fencing, seamless rain gutters on both levels, and solar screens on the exterior windows. The backyard is built for entertaining, featuring a built-in Blackstone flat grill, hand-roll patio screens, and beautiful aggregate decking with Oklahoma stone. The pool comes equipped with a summer cover designed to keep temperatures cooler during hot months, plus overhead lighting for evening enjoyment. Two storage sheds—one on each side of the home—provide ample extra space. Smart-home upgrades include multiple Alexa-enabled light switches, a keyless front door, and a full surveillance camera system with DVR that will remain with the home. An added back door from the bedroom increases convenience, while the electrical panel has been upgraded to support generator power during outages. The HVAC unit was newly installed in 2023 for peace of mind. This home blends comfort, security, and modern convenience—perfect for anyone looking for a move-in-ready property with extensive upgrades already done.

Investor Tools

Property Icon
$520,000
Estimated Property Value
$457,838Estimated Mortgage Balance
$62,162Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
$608/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,621
$349,000
2025
$60,000
$289,000
$349,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,621
$349,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Unknown
$460,505
No
First
Jan 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,838
$62,162
11%
88%
$2,761/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$3,369/mo
+$201/mo
8.2%

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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