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$209,900

35 E Mountain Lane, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,656 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$126.75 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size1,778 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN28154500341860000
Lot Number185-186
SubdivisionMountain Creek Townhouses
Land UseResidential
Legal DescriptionMOUNTAIN CREEK TOWNHOUSES 2 SITE 34 PT OF LOTS 185 & 186 INT202300198706 DD09212023 CO-DC 1545003418600 4CP15450034
Census Tract016421
Assessed Land Value$40,000
Assessed Improvement Value$180,340
Assessment Year2025

About this property

Cute three bedroom two and a half bath in desirable Mountain Creek townhomes. Two living areas, one with woodburning fireplace. Nice sized dining area with decorative lighting and kitchen with breakfast bar and plenty of storage space. Master bedroom is upstairs and has an ensuite bath and walkin closet. Two other bedrooms are also upstairs. Updates include new carpet, fresh paint throughout, new cabinets and countertops in master and secondary bathroom plus updated shower in secondary bath. Small backyard with storage area featuring washer & dryer hookups. Two car, rear entry assigned carport. HOA dues include water plus pool and clubhouse access. Convenient location to I-20! A must see that won't last long!

Investor Tools

Property Icon
$220,340
Estimated Property Value
$0Estimated Mortgage Balance
$70,489Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,322 /month
Positive
Cash Flow Estimate:
$441 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
$197/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,454
$220,340
2025
$40,000
$180,340
$220,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,454
$220,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$157,500
No
First
Sep 20, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,851
$70,489
31%
68%
$945/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,142/mo
+$978/mo
11.5%

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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35 E Mountain Lane | Property Details | No Agent List