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$544,000

NAL Estimated Property Value

6876 Foghorn Ln, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,785 Sq Ft
price_per_sqft$145.31 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size9,788 sqft

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APN2899G-A-57
Lot Number57
SubdivisionBluffs At Grand Peninsula,The
Land UseResidential
Legal DescriptionBLUFFS AT GRAND PENINSULA,THE BLOCK A LOT 57
Census Tract111566
Assessed Land Value$105,000
Assessed Improvement Value$398,100
Assessment Year2025

About this property

THIS PROPERTY QUALIFIES FOR A COMMUNITY GRANT PROGRAM FOR BUYERS!! MAKE SURE TO ASK ABOUT IT! Tucked away in one of Grand Prairie’s most desirable pockets near Joe Pool Lake, this home isn’t just a place to live, it’s a lifestyle upgrade! Step outside your back door and follow the quiet, secluded road that leads you straight to the lake where morning walks, sunset views, and weekend escapes just became part of your daily routine. And when you’re ready for a little more action, you’re only a quick 5–7 minute drive to Lynn Creek Marina, home to a popular floating restaurant and lakeside vibes that never get old. Inside, the layout delivers both function and wow-factor. With 4 bedrooms thoughtfully split, 2 downstairs and 2 upstairs, you get flexibility for guests, multigenerational living, or a dedicated home office setup. The front sitting room feels straight out of a Magnolia spread, warm, inviting, and effortlessly styled. But the real showstopper? A one-of-a-kind wine cellar featuring herringbone-laid brick flooring and a vintage antique door sourced from East Texas! Basic just isn’t the style in this home. Upstairs transforms into the ultimate entertainment hub, complete with a bar area, dedicated media room, spacious game room, and two additional bedrooms, perfect for hosting game nights, movie marathons, or weekend guests who may never want to leave. And just when you think it couldn’t get better, the outdoor patio steps in as a seamless extension of your living space ideal for entertaining, relaxing, and soaking in those Texas evenings. THIS PROPERTY QUALIFIES FOR A COMMUNITY GRANT PROGRAM FOR BUYERS!! MAKE SURE TO ASK ABOUT IT!

Investor Tools

Property Icon
$544,000
Estimated Property Value
$196,777Estimated Mortgage Balance
$347,223Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,137
$503,100
2025
$105,000
$398,100
$503,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,137
$503,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spring Eq Llc
Stand Alone Second / Subordinate Position
$200,000
No
First
Aug 13, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,777
$347,223
63%
36%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$1,585/mo
+$1,985/mo
7.9%

City: Grand Prairie

6876 Foghorn Ln | Property Details | No Agent List