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$319,000

3365 Galaway Bay Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.32 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,599 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN14499-A-2
Lot Number2
SubdivisionForum Place Ii-A
Land UseResidential
Legal DescriptionFORUM PLACE II-A BLOCK A LOT 2
Census Tract111571
Assessed Land Value$59,400
Assessed Improvement Value$178,662
Assessment Year2025

About this property

This 3-bedroom, 2-bathroom single-story home features a classic brick and Hardie® board exterior, complemented by both a covered front porch and a covered back porch. The interior layout is thoughtfully zoned, with the primary and secondary bedrooms and both full bathrooms situated privately on the left side of the home. The heart of the living space is positioned at the rear, where the living room, kitchen, and breakfast nook create a cohesive environment for daily life. The kitchen is equipped with a functional mix of stainless steel and black appliances—all in good working condition—paired with durable Formica countertops. A high-utility transition zone between the garage and kitchen houses the laundry room and a connected pantry. While the home is finished with laminated wood flooring throughout, it needs TLC, offering a fantastic opportunity for a buyer to modernize the space and build equity.

Investor Tools

Property Icon
$319,000
Estimated Property Value
$125,681Estimated Mortgage Balance
$244,687Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,705
$238,062
2025
$59,400
$178,662
$238,062
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,705
$238,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Advantage Mortgage Llc
Fha
$125,681
Yes
First
Nov 20, 2009
Dec 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,313
$244,687
76%
23%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
N/A
+$2,120/mo
8.0%

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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3365 Galaway Bay Dr | Property Details | No Agent List