$346,000
NAL Estimated Property Value5315 Penny Lane, Grand Prairie, TX, 75052
Highlights
Interior
Exterior
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About this property
Bring your fishing pole! This lovely 4 bedroom 2 bath home is a short walk to the duck pond, picnic area, pavilion and walking-jogging trail. Open floor plan, plenty of natural light, and large eat in kitchen provides a great environment to hang out with family or entertain. Wood flooring and custom window blinds throughout make this home a breeze to keep up with while you enjoy the convenient location in the much desired Lakewood neighborhood. Easy access to major highways. Plenty of shopping and grocery stores nearby. Owner desires a two year lease term with no rent increase
Financing Details
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Rental Potential
Learn About the Market: Opportunity in Texas




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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Grand Prairie
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