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$435,000

7035 Granbury Lane, Grand Prairie, TX, 75054

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,289 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$190.04 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size3,160 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN281207600B0110000
Lot Number11
SubdivisionLake Ridge Commons North
Land UseOther / Unknown
Legal DescriptionLAKE RIDGE COMMONS NORTH BLK B LT 11 INT20250093031 DD05062025 CO-DC 1207600B01100 3CP1207600B
Census Tract016416
Assessed Land Value$80,000
Assessed Improvement Value$101,150
Assessment Year2025

About this property

7035 Granbury Lane offers stylish, light-filled townhouse living in Lake Ridge Commons North with 3 bedrooms, 2.1 baths, and 2,289 square feet. This two-story end-unit rowhouse combines the ease of a lock-and-leave lifestyle with the space and comfort of a single-family home. Natural light pours through oversized windows, brightening the open-concept living, dining, and kitchen areas and giving the home an airy, welcoming feel. The kitchen is clean and contemporary with abundant cabinetry, stainless steel appliances, generous counter space, and a large island with bar seating that opens to the main living area, ideal for everyday living and easy entertaining. A convenient half bath is tucked just off the kitchen for guests. The first-floor primary suite offers a calm, oversized bedroom and a beautifully finished bath with separate vanities and a glass-enclosed shower. Upstairs, a central loft-style game room provides flexible living space for a media room, playroom, office, or workout area. Two additional bedrooms are well-sized and share a full bath with dual sinks, offering both comfort and functionality. As an end unit, the home benefits from extra windows and enhanced privacy, while the two-car garage adds practical storage and convenience. Located in Lake Ridge Commons North, residents enjoy a low-maintenance lifestyle near Joe Pool Lake, golf, parks, trails, shopping, dining, and major commuter routes, making this an excellent option for anyone seeking comfort, convenience, and modern style in Grand Prairie.

Investor Tools

$385,839Estimated Mortgage Balance
$33,161Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Chase Duran

Allie Beth Allman & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,415
$181,150
2025
$80,000
$101,150
$181,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,415
$181,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$392,755
Yes
First
May 6, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,839
$33,161
7%
92%
$2,355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
$2,655/mo
+$235/mo
8.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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7035 Granbury Lane | Property Details | No Agent List