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$445,551

NAL Estimated Property Value

7040 Sea Star Dr, Grand Prairie, TX, 75054

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.92 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size5,998 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APN8537J-J-20
Lot Number20
SubdivisionCove At Grand Peninsula, The
Land UseResidential
Legal DescriptionCOVE AT GRAND PENINSULA, THE BLOCK J LOT 20
Census Tract111566
Assessed Land Value$70,000
Assessed Improvement Value$375,551
Assessment Year2025

About this property

Beautiful, spacious home near Joe Pool Lake within the highly sought after Mansfield Independent School District. This 4 bedroom home offers space, comfort and flexibility for any lifestyle. Step inside this inviting entry that leads to a thoughtfully designed floor plan featuring beautiful hardwood flooring and multiple living and entertaining spaces, including a family room, a media room, a game room and a formal dining room. The large kitchen is a standout with a gas cooktop, abundant counter top space and room to gather. The spacious primary bedroom features a luxurious ensuite with a garden tub and separate vanities and oversized walk in closets. Throughout the home you will find an abundance of storage with generous closet space and three separate attics. Additional features include a cozy fireplace with gas logs and gas starter, solar screens on the front of the house, and a full sprinkler system. This lovely neighborhood offers a peaceful escape where winding walking paths weave through lush green spaces and ponds for fishing. While you stroll or bike with family you can observe ducks, geese, turtles, squirrels and some of the most beautiful sunsets you have ever seen. Kids that grow up here get to grow up immersed in nature while enjoying the convience of suburban living.

Investor Tools

Property Icon
$445,551
Estimated Property Value
$110,803Estimated Mortgage Balance
$335,061Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,673 /month
Positive
Cash Flow Estimate:
$891 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,251
$445,551
2025
$70,000
$375,551
$445,551
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,251
$445,551

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ditech Financial Llc
Building Or Construction Loan
$143,000
No
First
Jan 8, 2016
Feb 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,803
$334,748
75%
25%
$858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$1,228/mo
+$2,342/mo
9.6%

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.

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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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7040 Sea Star Dr | Property Details | No Agent List