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$575,000

NAL Estimated Property Value

7503 Lynnwood Dr, Grand Prairie, TX, 75054

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,317 Sq Ft
price_per_sqft$171.81 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size10,319 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN23368-B-4
Lot Number4
SubdivisionLakeway Estates
Land UseResidential
Legal DescriptionLAKEWAY ESTATES BLOCK B LOT 4
Census Tract111320
Assessed Land Value$80,000
Assessed Improvement Value$464,721
Assessment Year2025

About this property

You must see this meticulously maintained 5-bedroom home with a backyard that is an entertainer's dream. The backyard features a beautiful, covered patio, outdoor kitchen and seating area for watching the games while enjoying majestic sunsets! The kitchen will bring out the inner chef in you with upgraded appliances, gas stovetop, tons of counter space and one of the largest pantries I've seen. Upstairs features a large living area and 4 spacious bedrooms, 2 of the bedrooms share a jack-n-jill bath. The subdivision is very private and backs up to Joe Pool Lake featuring a path with access to the lake. Even the garage is exceptional - oversized with room for a workbench.

Investor Tools

Property Icon
$575,000
Estimated Property Value
$556,267Estimated Mortgage Balance
$18,733Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,748
$544,721
2025
$80,000
$464,721
$544,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,748
$544,721

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$566,238
Yes
First
May 2, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$556,267
$18,733
3%
97%
$3,395/mo

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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7503 Lynnwood Dr | Property Details | No Agent List