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$313,000

617 Parkvale Ln, Grand Prairie, TX, 75052

SoldInfo
6/08/26
Beds3 Beds
Baths2 Bath
Baths1,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.16 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringVinyl

Exterior

Lot Size7,492 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28120600040120000
Lot Number12
SubdivisionLake Park Village
Land UseResidential
Legal DescriptionLAKE PARK VILLAGE 3 BLK 4 LT 12 INT202500132553 DOD03272020 CO-DC 1206000401200 4CP12060004
Census Tract016407
Assessed Land Value$55,000
Assessed Improvement Value$172,570
Assessment Year2025

About this property

Fully renovated and move-in ready! This beautifully updated home features an open and bright layout with brand new flooring, fresh paint, modern fixtures, and stylish finishes throughout. The bathrooms have been completely remodeled with new countertops, shaker cabinets, matte black fixtures, and marble-style tile showers. Spacious bedrooms provide plenty of comfort, while large windows bring in abundant natural light. Step outside to a huge backyard with a covered patio, perfect for relaxing or entertaining. Conveniently located near shopping, dining, parks, and major highways. A must-see home!

Investor Tools

Property Icon
$313,000
Estimated Property Value
$190,350Estimated Mortgage Balance
$124,869Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$457
$227,570
2025
$55,000
$172,570
$227,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$457
$227,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boomerang Acceptance Llc
Commercial
$190,350
No
First
Oct 24, 2025
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,131
$124,869
39%
60%
$1,142/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,142/mo
+$978/mo
8.1%

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.

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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617 Parkvale Ln | Property Details | No Agent List