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$294,800

NAL Estimated Property Value

5409 Prairie Lane, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,760 Sq Ft
price_per_sqft$161.93 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size3,600 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces1

Land Information

APN281245600I0570000
Lot Number57
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD PH 3 BLK I LT 57 INT202200075688 DD03152022 CO-DC 1245600I05700 4CP1245600I
Census Tract016416
Assessed Land Value$55,000
Assessed Improvement Value$239,800
Assessment Year2025

About this property

Welcome home to this beautifully located duplex across the street from a park and huge catch and release pond with fountain! This 4 bed 2.1 bath home is ready to be yours with new carpet and new vinyl flooring throughout. This home is ready for you to entertain and enjoy yourself with a living room down and up stairs. Split main bedroom with ensuite bath is downstairs with a view of the park across the street! Upstairs has the remaining three bedrooms, full bath, and laundry room. Quaint grassed and fenced backyard with patio. Don't miss out on this gem!

Investor Tools

Property Icon
$294,800
Estimated Property Value
$193,568Estimated Mortgage Balance
$101,232Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,769 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
$90/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,771
$294,800
2025
$55,000
$239,800
$294,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,771
$294,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$210,000
No
First
Mar 15, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,568
$101,232
34%
66%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$1,350/mo
+$1,370/mo
11.1%

City: Grand Prairie

5409 Prairie Lane | Property Details | No Agent List