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$298,000

NAL Estimated Property Value

5008 Venecia Way, Grand Prairie, TX, 75052

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,415 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$159.01 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size1,525 sqft

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APN42404J--35
Lot Number35
SubdivisionTownhomes Of Camp Wisdom
Land UseResidential
Legal DescriptionTOWNHOMES OF CAMP WISDOM LOT 35
Census Tract111555
Assessed Land Value$50,000
Assessed Improvement Value$224,732
Assessment Year2025

About this property

Multople offers received. Best and final due 1.23 21 by 7pm. No more showings after 4pm 1.23.21. Seller will review all offers at 11am 1.24.21. Fabulous home with hardwood floors. Lots of Natural Lighting. Stainless Steel Appliances, Granite counters and crown molding. Ceilin g fans cool the day. Work from home in the upstairs loft or create a GETAWAY space. Seat ledges are in the guest bath shower. Slip into the garden tub and soak your worries away or take a dive in the community pool. Large walk-in closets are ideal for extra storage. This gated community has all the security, amenities and peace your heart desires.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$233,024Estimated Mortgage Balance
$64,976Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,357
$274,732
2025
$50,000
$224,732
$274,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,357
$274,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Conventional
$240,000
No
First
Oct 12, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,024
$64,976
21%
78%
$1,557/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$1,722/mo
$-72/mo
6.6%

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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5008 Venecia Way | Property Details | No Agent List