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B+
NoAgentList RatingHow are grades calculated?Info
Days334Days on Market
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$325,000

5427 Prairie Lane, Grand Prairie, TX, 75052

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,696 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$191.63 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces1

Land Information

APN281245600I0660000
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD PH 3 BLK I LT 66 INT202200237209 DD08302022 CO-DC 1245600I06600 4CP1245600I
Census Tract016416
Assessment Year2025

About this property

Attention investors & future Homeowners! Great income producing property with current long term tenant through October of 2025! Amazing find in Lakewood Add of Grand Prairie! Peaceful setting & spectacular view embraces this lovely remodeled townhome. Step into this lovely open floor plan offering flowing light, large spaces, custom paint, new luxury vinyl plank, decorative lighting, 2 inch faux blinds, and much more! Entertaining is a must in the spacious gourmet kitchen boasting 3 cm thick granite, undermount sink, SS appliances, large pantry, & stunning oversized custom finished island. The family room boasts a beautiful view of the pond across the way complete with a custom water fountain. Glide upstairs to enjoy the additional living space perfect for an office, gameroom, library, or play area. Slumber awaits in the large master suite featuring the same stunning view, a large walk in closet, & a master bath complete with a spa like walk in shower. Rear entry with 2 car attached garage, & private driveway! Close to 360, I20, George Bush Tollway, entertainment & shopping! Not just a home, a lifestyle...

Investor Tools

$411,125Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
$118/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,219
$275,550
2025
N/A
N/A
$275,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,219
$275,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendingone Llc
Commercial
$195,640
No
First
Nov 7, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,125
N/A
0%
139%
$2,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,708/mo
+$12/mo
11.1%

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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5427 Prairie Lane | Property Details | No Agent List