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$205,000

NAL Estimated Property Value

48 E Mountain Creek Court, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,656 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$117.75 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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
AppliancesDisposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1,343 sqft

Building Information

Year Built1973
Stories2
Roof Type105
Garage Spaces2

Land Information

APN28154510060330000
Lot Number33
SubdivisionMountain Creek Townhouses
Land UseResidential
Legal DescriptionMOUNTAIN CREEK TOWNHOUSES SITE 6 LT 33 INT202100332721 DD11042021 CO-DC 1545100603300 4CP15451006
Census Tract016421
Assessed Land Value$40,000
Assessed Improvement Value$164,220
Assessment Year2025

About this property

Newly Remodeled! Beautiful & spacious 2-story townhouse, 3 bedrooms, 2.5 bathrooms, 2 living, 2-car carport, detached 11x5 storage with utility. New Roof, New HVAC & air ducts. Kitchen remodeled to open into dining, custom-built cabinets, recessed lighting, granite countertops & sink & faucet & disposal. NEW: LG stove, built-in microwave & side by side refrigerator. NEW: Tile downstairs, carpet upstairs, ceiling fans, remodeled bathrooms include tubs & vanities & cabinets & faucets. NEW: electrical wiring added in both living rooms to install new ceiling fans, breaker box, electrical outlets & switches were replaced, freshly painted. Sellers are licensed Texas real estate agents. Across from Golf Course & Park.

Investor Tools

Property Icon
$205,000
Estimated Property Value
$178,408Estimated Mortgage Balance
$26,592Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
$192/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,334
$204,220
2025
$40,000
$164,220
$204,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,334
$204,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$195,000
No
First
Nov 4, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,408
$26,592
12%
87%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$1,362/mo
+$288/mo
9.7%

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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48 E Mountain Creek Court | Property Details | No Agent List