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$272,500

433 Lake Park Drive, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,394 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.48 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCarpet, Vinyl

Exterior

Lot Size7,200 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28120500060360000
Lot Number36
SubdivisionLake Park Village
Land UseResidential
Legal DescriptionLAKE PARK VILLAGE 2 BLK 6 LT 36 INT202200268036 DD10062022 CO-DC 1205000603600 4CP12050006
Census Tract016407
Assessed Land Value$55,000
Assessed Improvement Value$176,780
Assessment Year2025

About this property

WELCOME HOME TO THIS DARLING RANCH STYLE HOME NESTLED IN GRAND PRAIRIE, IN THE HEART OF THE MID CITIES. CONVENIENTLY LOCATED MIDWAY BETWEEN DALLAS AND FORT WORTH WITH EASY ACCESS TO A NETWORK OF HIGHWAYS. MERELY MINUTES FROM SHOPPING AND DINING GALORE, SPORTS STADIUMS, SIX FLAGS, IKEA, GRAND PRARIE OUTLETS AND MORE. EASY ACCESS TO BOTH DFW INTERNATIONAL AND DALLAS LOVE AIRPORTS. GRAND PRAIRIE ISD BOASTS CHOICE SCHOOL PROGRAM WITH OPPORTUNITIES FOR MONTESSORI, STEM LEARNING, FINE ARTS AND TECHNICAL PROGRAMS TAILORED TO YOUR CHILD. THIS HOME IS TUCKED AWAY ON A QUIET STREET LINED WITH BEAUTIFUL MATURE OAKS. FUNCTIONAL LAYOUT WITH PERFECT AMOUNT OF SPACE, OPEN KITCHEN WITH PLENTY OF STORAGE. NEW DOUBLE-PANE WINDOWS! NEW SLIDING GLASS DOOR WITH CLASSIC GRID PATTERN, OPENS UP TO OVERSIZED BACKYARD AND SERENE PATIO. ENJOY THE BIRDS CHIRPING WITH A BOOK AND A CUP OF COFFEE ON YOUR COVERED PATIO SHADED BY A GORGEOUS OAK TREE. FRESHLY PAINTED! HOMEOWNERSHIP IS CALLING!

Investor Tools

Property Icon
$293,000
Estimated Property Value
$0Estimated Mortgage Balance
$41,698Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,644
$231,780
2025
$55,000
$176,780
$231,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,644
$231,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Fha
$252,766
Yes
First
Jan 7, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,302
$41,698
14%
86%
$1,516/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,516/mo
+$604/mo
8.7%

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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