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$924,900

1120 Prosperity, Grand Prairie, TX, 75104

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,134 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$295.12 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Gas Range, Built In Refrigerator, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Some Commercial Grade, Tankless Water Heater, Vented Exhaust Fan

Exterior

Lot Size25,485 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces4

Land Information

APN281209700Q2572000
Lot Number2572
SubdivisionLake Ridge Amended
Land UseResidential
Legal DescriptionLAKE RIDGE 20 AMENDED BLK Q LT 2572 INT201900267797 DD09232019 CO-DC 1209700Q25720 4CP1209700Q
Census Tract016525
Assessed Land Value$143,230
Assessed Improvement Value$438,960
Assessment Year2026

About this property

Contemporary modern design meets scenic lake views at 1120 Prosperity Court. This architecturally designed and custom built home is located in The Sanctuary, a gated community tucked into the back of Lake Ridge, this approximately 3,200-square-foot home offers 4 bedrooms, 3 full bathrooms, 1 half bathroom, and a 3-car garage with custom cabinetry. The spacious living room flows into an open kitchen, creating an inviting setting for everyday living and entertaining. Modern architectural style complements the surroundings, while views overlooking Joe Pool Lake provide a beautiful backdrop. Located on a cut-de-sac. Easement access to the lake adds another opportunity to enjoy this distinctive setting. Located within Cedar Hill ISD, the home combines the privacy of a gated community with convenient access to the Metroplex—approximately 25 minutes from Dallas and 35 minutes from Fort Worth, depending on traffic.

Investor Tools

$443,803Estimated Mortgage Balance
$248,197Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,549 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,033/month
$1,165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,931
$582,190
2026
$143,230
$438,960
$582,190
No

Tax History

Year
Tax Paid
Assessed Value
2026
$8,931
$582,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial Savings Fa
Building Or Construction Loan
$510,400
No
First
Oct 21, 2020
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,803
$248,197
35%
64%
$2,222/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,460/mo
$3,387/mo
+$73/mo
6.0%

City: Grand Prairie

1120 Prosperity | Property Details | No Agent List