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$349,660

5316 Othen Drive, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.32 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size7,200 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN281245600P0820000
Lot Number82
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD PH 6 BLK P LT 82 INT201800299465 DD11112018 CO-DC 1245600P08200 4CP1245600P
Census Tract016416
Assessed Land Value$60,000
Assessed Improvement Value$289,660
Assessment Year2025

About this property

PRICE REDUCED!! Stunning home in Grand Prairie! The beauty features fresh interior paint, plush carpet, rich laminate flooring, updated fixtures and much more! Be dazzled by the curb appeal once you enter! Kitchen delights with granite counter tops, chic cabinetry, subway tile back splash, and brand new stainless steel appliances! Dining area sits in between living room and kitchen and flaunts a gorgeous chandelier! All bedrooms are pristine and sparkle with plenty of natural light! Backyard is spacious and is adorned with a patio! Close proximity to schools, shops, trails, parks, and more! This gem will go fast, come see today!

Investor Tools

Property Icon
$349,660
Estimated Property Value
$0Estimated Mortgage Balance
$127,591Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,098 /month
Positive
Cash Flow Estimate:
$699 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,377
$349,660
2025
$60,000
$289,660
$349,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,377
$349,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$246,000
No
First
Apr 12, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,069
$127,591
36%
64%
$1,475/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,550/mo
+$1,170/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5316 Othen Drive | Property Details | No Agent List