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$291,000

NAL Estimated Property Value

705 Shawnee Trace, Grand Prairie, TX, 75051

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.29 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Refrigerator

Exterior

Lot Size7,104 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28092500150270000
Lot Number27
SubdivisionIndian Hills
Land UseResidential
Legal DescriptionINDIAN HILLS 1 BLK O LT 27 INT202500076876 DD04092025 CO-DC 0925001502700 4CP09250015
Census Tract016001
Assessed Land Value$45,000
Assessed Improvement Value$215,130
Assessment Year2025

About this property

This home is ready to impress. With charming curb appeal and an inviting floor plan, this home is sure to please. Step into the spacious living room and admire the gorgeous kitchen, complete with tall custom cabinets and granite countertops throughout. Boasting 3 bedrooms and 2.5 bathrooms, this gem also features a covered back patio and a convenient 2 car garage. Situated near top-rated schools and major highways, this home offers both convenience and comfort.

Investor Tools

Property Icon
$291,000
Estimated Property Value
$578,424Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,517
$260,130
2025
$45,000
$215,130
$260,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,517
$260,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$294,846
Yes
First
Apr 9, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$578,424
N/A
0%
199%
$3,536/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,536/mo
$-1,564/mo
8.1%

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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705 Shawnee Trace | Property Details | No Agent List