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B+
NoAgentList RatingHow are grades calculated? Info

$437,000

5515 Brazoria Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,687 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.84 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,642 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APN23213G-12-27
Lot Number27
SubdivisionLake Parks Addn
Land UseResidential
Legal DescriptionLAKE PARKS ADDN BLOCK 12 LOT 27
Census Tract111563
Assessed Land Value$80,000
Assessed Improvement Value$330,037
Assessment Year2025

About this property

Offers deadline Sept. 6. Perfect opportunity to live in the highly desirable neighborhood of Lake Parks. Lake Parks is within a minute from Joe Pool Lake and minutes away from Arlington's Cowboy Stadium, Rangers Park, and Six Flags. This well maintained home offers a huge backyard with a big shed and a concrete patio area. It has a open concept, ceramic title, wood floors and an attractive glass fireplace. Upgrades include an alarm system with a trigger glass sensor, window solar screens, 2 inch blinds, and the roof was replaced in 2017. Located in Grand Prairie but with a Mansfield school district. The HOA includes a community pool. playground, soccer fields, and a beautiful pond that has a walking trail.

Investor Tools

Property Icon
$437,000
Estimated Property Value
$340,000Estimated Mortgage Balance
$126,517Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,622 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
$233/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,984
$410,037
2025
$80,000
$330,037
$410,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,984
$410,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Petra Mortgage Llc
Conventional
$340,000
No
First
Oct 6, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,483
$126,517
28%
71%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,720/mo
$2,272/mo
+$448/mo
7.5%

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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5515 Brazoria Dr | Property Details | No Agent List