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$297,000

NAL Estimated Property Value

422 Sparks St, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,724 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.01 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range

Exterior

Lot Size7,591 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28097500220350000
Lot Number35
SubdivisionInglewood Park
Land UseResidential
Legal DescriptionINGLEWOOD PARK 3 BLK 22 LT 35 VOL2001164/1433 DD08172001 CO-DC 4904902203500 22809750022
Census Tract016204
Assessed Land Value$40,000
Assessed Improvement Value$178,540
Assessment Year2025

About this property

Beautifully Renovated Home in a Prime Grand Prairie Location! Welcome to 422 Sparks Street, Grand Prairie, TX 75051 a stunning fully renovated home offering 4 bedrooms, 2 bathrooms, 1,724 sqft of thoughtfully designed living space, and a 1-car garage. Updated from top to bottom, this move-in-ready property combines modern finishes, comfort, and functionality in one of the most convenient locations in the DFW Metroplex. Step inside to discover a bright and inviting layout featuring updated flooring, fresh paint, modern lighting, and stylish finishes throughout. The open living and dining areas create the perfect setting for everyday living and entertaining. The renovated kitchen showcases updated cabinetry, sleek countertops, and contemporary fixtures designed to complement today’s lifestyle. The spacious bedrooms offer flexibility for family, guests, or a home office, while both bathrooms have been beautifully updated with modern finishes and thoughtful details. The attached 1-car garage provides secure parking and additional storage space. Prime Location: Conveniently located in Grand Prairie with quick access to I-30, SH-161, and Highway 360, making commuting throughout DFW simple and convenient. Enjoy being minutes away from shopping, dining, entertainment, parks, and major attractions including EpicCentral, Lone Star Park, and Downtown Dallas and Fort Worth. This fully renovated home offers modern upgrades, a spacious layout, and an unbeatable location — making it a fantastic opportunity for homeowners and investors alike. Schedule your private showing today!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$182,843Estimated Mortgage Balance
$114,157Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,951
$218,540
2025
$40,000
$178,540
$218,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,951
$218,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Commercial
$185,000
No
First
Oct 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,843
$114,157
38%
62%
$1,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,110/mo
+$862/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.

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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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422 Sparks St | Property Details | No Agent List