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$387,000

NAL Estimated Property Value

7043 Granbury Ln, Grand Prairie, TX, 75054

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,052 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size2,799 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN281207600B0070000
Lot Number7
SubdivisionLake Ridge Commons North
Land UseOther / Unknown
Legal DescriptionLAKE RIDGE COMMONS NORTH BLK B LT 7 INT202500087798 DD04292025 CO-DC 1207600B00700 3CP1207600B
Census Tract016416
Assessed Land Value$80,000
Assessed Improvement Value$98,930
Assessment Year2025

About this property

Fantastic newer construction townhome located in the highly sought after Lake Ridge Mira Lagos community near Joe Pool Lake. Offering a rare first floor primary suite, this luxurious 3 bedroom, 2.5 bath residence combines modern design, functional living, and an unbeatable location. The open concept layout is filled with natural light and showcases upgraded luxury vinyl plank flooring throughout the main living areas. The gourmet kitchen is thoughtfully designed with quartz countertops, custom cabinetry, stainless steel appliances, a dedicated coffee bar, and includes the washer, dryer, and refrigerator for added convenience. The spacious first floor primary suite serves as a private retreat featuring dual vanities, an oversized walk in shower, modern finishes, and a large walk in closet. Upstairs, enjoy a versatile second living area ideal for a home office, media room, or game room. The oversized secondary bedrooms each offer walk in closets and share a well appointed full bathroom. Additional highlights include a tankless gas water heater, attached two car garage, additional driveway parking, and convenient guest parking. Enjoy low maintenance luxury living just minutes from Joe Pool Lake, scenic walking trails, shopping, restaurants, and entertainment.

Investor Tools

Property Icon
$387,000
Estimated Property Value
$0Estimated Mortgage Balance
$387,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,360
$178,930
2025
$80,000
$98,930
$178,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,360
$178,930

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$387,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,890/mo
N/A
+$2,890/mo
9.0%

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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7043 Granbury Ln | Property Details | No Agent List