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$166,260

NAL Estimated Property Value

501 Trinidad Drive, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths882 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.39 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size2,648 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28224500010160000
Lot Number16
SubdivisionTwo Worlds Rev
Land UseResidential
Legal DescriptionTWO WORLDS REV BLK A LT 16 INT202100226282 DD07272021 CO-DC 2245000101600 4CP22450001
Census Tract016407
Assessed Land Value$45,000
Assessed Improvement Value$121,260
Assessment Year2025

About this property

This cute 2 bedroom and 1 bath home, has a large living area with a wood burning fireplace and dining. Kitchen has a breakfast bar. Nice size storage space outside with covered patio area. HOA responsible for front yard . Community pool available to neighborhood residents! GPISD offers open enrollment.

Investor Tools

Property Icon
$166,260
Estimated Property Value
$141,308Estimated Mortgage Balance
$24,952Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$998 /month
Positive
Cash Flow Estimate:
$333 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
$66/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,077
$166,260
2025
$45,000
$121,260
$166,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,077
$166,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Conventional
$142,975
No
First
Sep 30, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,308
$24,952
15%
85%
$858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$924/mo
+$726/mo
11.9%

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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501 Trinidad Drive | Property Details | No Agent List