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$373,700

4939 Water Oak Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,999 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.94 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,159 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN15047-10-7
Lot Number7
SubdivisionGarden Oaks Addition-Gp
Land UseResidential
Legal DescriptionGARDEN OAKS ADDITION-GP BLOCK 10 LOT 7
Census Tract111555
Assessed Land Value$55,440
Assessed Improvement Value$223,560
Assessment Year2025

About this property

2024 Updated - One Owner - Specialty Built 1994 Bob Spies Bricked CUSTOM - ALMOST 2000 sqft - ONE STORY 4 Bed, 2 Bath, 2 Living and 2 Dining! Enjoy shaded afternoons in the rear yard relaxing in the 23'X24' patio that includes a 8'X14' covered section with roll out solar shades, 13 fence lined Mature Crepe Myrtle Trees and 6ft board on board cedar fencing! While inside one would enjoy the OPEN PLAN well built home with lengthy breakfast bar kitchen, dining, and rear family room with centered brick gas start-log fireplace - all overlooking the rear patio and yard. Stainless appliances, Dual Fuel SS Bosch Range and Microwave, SS KitchenAid Dishwasher, wood cabinets, white counters, island and pantry! 2024 Tiled Entry includes the Open Living and Dining area with tall ceilings! Numerous 2024 Installed Low E & Insulated windows, plantation shudders and Hunter Douglas window treatments. Primary Suite includes walk-in closet, generous sized bath with jetted tub, dual vanities and 2023 Glass Enclosed Shower! Two Secondary Bedrooms and a Hall Study, French Door access, that is also a 4th Bedroom with window seat and closet. Laundry, 2 Car garage! Endless Amenities include Enhanced R38 Insulation; Fiber Optic wiring, Security cameras, 2024 Indoor and Exterior Paint, 2016 Composition Roof and Gutters; 2016 15 SEER Trane HVAC system, 2024 Carpet and Luxury Vinyl Flooring, 2020 Genie Garage Door opener, Can and Pendant lighting, ceiling fans, Home surround speakers and wiring, Paritally decked attic, Solar attic vents, Fully Sprinkler yard with 2024 controller, Dec 2020 Hot Water Heater, Solar window screens! No HOA! Move-In Ready! AWAITS YOU! Arlington or Grand Prairie school enrollment available!

Investor Tools

Property Icon
$365,000
Estimated Property Value
$200,000Estimated Mortgage Balance
$170,031Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,242 /month
Positive
Cash Flow Estimate:
$747 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,757
$279,000
2025
$55,440
$223,560
$279,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,757
$279,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$200,000
No
First
Dec 7, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,969
$170,031
46%
53%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,200/mo
+$920/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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4939 Water Oak Dr | Property Details | No Agent List