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$359,000

124 Homes Drive, Grand Prairie, TX, 75050

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,690 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$212.43 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal
FlooringCarpet, Luxury Vinyl Plank

Exterior

Exterior FeaturesRain Gutters
Lot Size2,550 sqft

Building Information

Garage Spaces2

Land Information

APN280700500A0020000
Lot Number2
SubdivisionGilbert Villas
Land UseOther / Unknown
Legal DescriptionGILBERT VILLAS BLK A LT 2 INT202400086486 DD04252024 CO-DC 0700500A00200 2CP0700500A
Census Tract015303
Assessed Land Value$40,000
Assessment Year2025

About this property

This townhome offers an open-concept floor plan with 3 bedrooms, 2.5 baths, and a flexible loft space suited for a home office or lounge area. The kitchen includes stainless steel appliances and overlooks the living area, perfect for everyday living or entertaining. The spacious primary suite includes dual vanities, a glass-enclosed shower with bench seating, and a large walk-in closet. HOA covers front and backyard maintenance. Close proximity to major highways, DFW Airport, and the dining, shopping, and entertainment options of Las Colinas, making this the perfect location call home. Preferred lender also offers up to 1% back of sales price!

Investor Tools

$994,455Estimated Mortgage Balance
$147,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
$140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$884
$40,000
2025
$40,000
N/A
$40,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$884
$40,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mcu Financial Center Cu
Commercial
$1,040,000
No
First
Apr 25, 2024
Aug 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$994,455
N/A
0%
677%
$6,236/mo

City: Grand Prairie

124 Homes Drive | Property Details | No Agent List