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$299,999

637 Michael Dr, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,878 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.74 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,136 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces1

Land Information

APN28201600070050000
Lot Number5
SubdivisionRoyal Valley
Land UseResidential
Legal DescriptionROYAL VALLEY ESTATES 3 & 4 REP BLK G LT 5 INT202400083343 DD04252024 CO-DC 2016000700500 4CP20160007
Census Tract016420
Assessed Land Value$60,000
Assessed Improvement Value$236,470
Assessment Year2025

About this property

Multiple Offers Received, highest and best due by 10 am, Monday 3-18 Walk in to this lovely well maintained home and make it yours! Open living room blending into the kitchen, perfect for gatherings! Kitchen has plenty of cabinet space as well as an eat in dining area and counter ledge for additional seating. Wonderful sunroom that can be flexed into additional living space, an office, a craft room, endless possibilities! Three Nicely sized bedrooms with plenty of storage and two full baths. Wonderful utility room with storage as well as a big pantry! Out back there is a garden area, and a 15 X 20 SHOP with power, a dbl garage door, and loft storage...what a wonderful bonus with a paved drive up the side for additional trailer, boat, vehicle storage.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,803
$296,470
2025
$60,000
$236,470
$296,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,803
$296,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
N/A
+$2,120/mo
7.9%

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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637 Michael Dr | Property Details | No Agent List