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$291,000

NAL Estimated Property Value

517 Lynne Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,569 Sq Ft
price_per_sqft$127.47 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Linoleum

Exterior

Lot Size7,393 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28200500050050000
Lot Number5
SubdivisionRoyal Valley
Land UseResidential
Legal DescriptionROYAL VALLEY ESTATES 2 BLK E LOT 5 INT202500081927 DD04212025 CO-DC 2005000500500 4CP20050005
Census Tract016420
Assessed Land Value$60,000
Assessed Improvement Value$153,010
Assessment Year2025

About this property

OFFER VERBALLY ACCEPTED. MULTIPLE OFFERS RECEIVED. SELLER ASKS FOR ALL OFFERS TO BE SUBMITTED NO LATER THAN MONDAY NOV 4 AT 5PM. 3 bedroom 2 bath home in popular neighborhood in Grand Prairie. Good bones but needs some TLC. Cute kitchen with white cabinets, stainless steel appliances, large pantry; Wood burning fireplace in the living area; Ceiling fans in all rooms; large back yard; being sold by the Estate; seller never lived in the property; Seller does not have a survey. Being sold as-is. possible foundation repairs needed.

Investor Tools

Property Icon
$291,000
Estimated Property Value
$199,121Estimated Mortgage Balance
$91,879Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,746 /month
Positive
Cash Flow Estimate:
$582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,684
$213,010
2025
$60,000
$153,010
$213,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,684
$213,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Building Or Construction Loan
$203,000
No
First
Apr 21, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,121
$91,879
31%
68%
$1,218/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,218/mo
+$902/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.

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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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