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$393,580

NAL Estimated Property Value

5312 Lake Garden Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Outdoor Kitchen
Lot Size6,600 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN281245600L0170000
Lot Number17
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD PH 2 BLK L LT 17 INT201800133756 DD05172018 CO-DC 1245600L01700 4CP1245600L
Census Tract016416
Assessed Land Value$60,000
Assessed Improvement Value$333,580
Assessment Year2025

About this property

Beautiful 2 story house located in desirable neighborhood with walking distant to the park, and easy access to the freeway. 4 bedroom 2.5 bath, 2 dining area, 1 media, enclosed outdoor kitchen with large covered patio. Huge backyard with several fruit trees. The Livingroom, kitchen and dining are all connect to give you the feels of open floor plan. Wood floor and tile all on first floor. Large primary bedroom, with garden tub, walk-in shower, double vanity sink, and large walk-in closet in the primary bath. Joe Pool Lake, Lynn Creek Park and other outdoor activities are only a few minutes away from the property.

Investor Tools

Property Icon
$393,580
Estimated Property Value
$178,968Estimated Mortgage Balance
$214,612Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,361 /month
Positive
Cash Flow Estimate:
$787 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,665
$393,580
2025
$60,000
$333,580
$393,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,665
$393,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$199,825
No
First
Dec 10, 2020
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,968
$214,612
54%
45%
$1,199/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,199/mo
+$1,521/mo
8.3%

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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5312 Lake Garden Dr | Property Details | No Agent List