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$350,000

5327 Lake Garden Dr, Grand Prairie, TX, 75052

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.65 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size6,600 sqft

Building Information

Year Built2005
Roof Type105
Garage Spaces2

Land Information

APN281245600K0130000
Lot Number13
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD PH 2 BLK K LT 13 INT201500293303 DD10282015 CO-DC 1245600K01300 4CP1245600K
Census Tract016416
Assessed Land Value$60,000
Assessed Improvement Value$276,000
Assessment Year2026

About this property

INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $5,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 5327 Lake Gardens Dr is a one-story Grand Prairie home on a corner lot, with four bedrooms, two bathrooms and 1,944 square feet of living area. The kitchen has white cabinetry, a peninsula with a breakfast bar and a windowed breakfast nook, with an opening to the living and dining areas. A corner fireplace anchors the main living room. Arched openings frame an additional room beside the entry. The primary bedroom sits at the back of the home, with a bathroom containing dual sinks, a tub and a separate shower, plus a walk-in closet. A rear door leads to a patio and lawn. An attached garage provides parking. Home comes with a 100-Day Home Warranty

Investor Tools

$205,855Estimated Mortgage Balance
$147,145Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,118 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,348
$336,000
2026
$60,000
$276,000
$336,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,348
$336,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$225,000
No
First
Apr 28, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,855
$147,145
41%
58%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,474/mo
+$646/mo
7.2%

City: Grand Prairie