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$275,070

718 Edelweiss Drive, Grand Prairie, TX, 75052

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,527 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.78 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size7,390 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28173500070150000
Lot Number15
SubdivisionPark Valley
Land UseResidential
Legal DescriptionPARK VALLEY 2 BLK 7 LOT 15 INT201800335532 DD12192018 CO-DC 1735000701500 4CP17350007
Census Tract016421
Assessed Land Value$55,000
Assessed Improvement Value$220,070
Assessment Year2025

About this property

Investor Special!! Prime opportunity in Grand Prairie Property located at 718 Edelweiss Dr Grand Prairie TX, this property presents a unique opportunity for investors, builders, or buyers looking to build new construction. The home has suffered sustained extensive fire damage and will require full demolition. Property is being sold as-is, where-is. Situated in an established neighborhood with convenient access to major highways, shopping, and schools. Ideal for development or new build. Buyer to verify all information including lot size, zoning, and building requirements. Please do not enter the property, unsafe due to fire damage. Property has also tested positive for asbestos.

Investor Tools

Property Icon
$275,070
Estimated Property Value
$0Estimated Mortgage Balance
$275,070Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,838
$275,070
2025
$55,000
$220,070
$275,070
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,838
$275,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$275,070
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
N/A
+$2,120/mo
9.2%

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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718 Edelweiss Drive | Property Details | No Agent List