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$408,000

NAL Estimated Property Value

6888 Shoreway Dr, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.35 / sqft
Year BuiltBuilt in 2005

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, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCeramic Tile, FSC or SFI Certified Source Hardwood

Exterior

Lot Size7,196 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN38495-K-26
Lot Number26
SubdivisionShores At Grand Peninsula
Land UseResidential
Legal DescriptionSHORES AT GRAND PENINSULA BLOCK K LOT 26
Census Tract111566
Assessed Land Value$75,000
Assessed Improvement Value$324,107
Assessment Year2025

About this property

Open HOUSE for February 19th was cancelled. Beautifully maintained home in Shores at Grand Peninsula. Stunning wood like flooring that shows off the open floorplan. Formal living and dining rooms, large spacious kitchen with island that opens to the living area and breakfast area, perfect for entertaining, and plenty of natural light. Great fireplace and corian countertops. Main bedroom and bath offer custom closet, jetted tub and separate updated shower. Three secondary bedrooms , are spacious and share a secondary bath with two sinks and updated shower. The back patio is a space all its own, very large beautiful covered area with room for many outdoor large events. Community pool, Mansfield ISD. Close to several highways and plenty of shopping.

Investor Tools

Property Icon
$408,000
Estimated Property Value
$258,742Estimated Mortgage Balance
$149,258Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,054
$399,107
2025
$75,000
$324,107
$399,107
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,054
$399,107

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$274,750
No
First
Mar 23, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,742
$149,258
36%
63%
$1,648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$2,418/mo
+$472/mo
8.5%

City: Grand Prairie

6888 Shoreway Dr | Property Details | No Agent List