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$401,000

7020 Alcala, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,906 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.63 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,375 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN26236E-K-5
Lot Number5
SubdivisionMira Lagos No B
Land UseResidential
Legal DescriptionMIRA LAGOS NO B BLOCK K LOT 5
Census Tract111565
Assessed Land Value$70,000
Assessed Improvement Value$300,159
Assessment Year2025

About this property

Multiple offers received. Sellers request the highest & best offer byTuesday ,March 15th by 12 NOON. Seller will review all offers and make a decision on Wednesday March16th. Seller will not consider offers below list price. Fabulously well designed Pulte Home in the oh so elegant Mira Lagos with no neighbors directly behind and an oversized covered patio. Priced to sell and won't last long in this market...

Investor Tools

Property Icon
$401,000
Estimated Property Value
$259,000Estimated Mortgage Balance
$161,827Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
$558/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,604
$370,159
2025
$70,000
$300,159
$370,159
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,604
$370,159

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$259,000
No
First
Apr 11, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,173
$161,827
40%
60%
$1,553/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$2,111/mo
+$1,459/mo
10.7%

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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7020 Alcala | Property Details | No Agent List