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Grand Prairie 75052 Lynn Creek Hills
2824 Ector Drive
$309,900
● House - Off Market

2824 Ector Drive

Grand Prairie, TX 75052
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,991 Ft²
$454,569
RealtyHop Estimate
46.68%
Since Jun 1, 2020
TX-Dallas
Primary Model

About This Property

STONE & BRICK ELEVATION ALONG WITH LUSH LANDSCAPING WOWS YOU AS YOU DRIVE UP. OPEN THE FRONT DOOR TO BE WELCOMED BY TALL CEILINGS, EXTENSIVE CERAMIC TILE & LAMINATE WOOD FLOORING. THIS SPACIOUS FLOOR PLAN WITH 5 BEDROOMS, 3.5 BATHS, 3 CAR GARAGE FEATURES A KITCHEN WITH BEAUTIFUL GRANITE COUNTERTOPS & RECENT BOSH DISHWASHER. KITCHEN IS OPEN TO NOOK & LIVING ROOM WITH GAS LOGS FIREPLACE. MASTER SUITE DOWN & 4 BEDROOMS, 2 BATHS WITH GAMEROOM UP. NEW CARPET INSTALLED ON APRIL 6TH ALONG WITH FRESH TOUCH-UP PAINT MAKES THIS HOME READY FOR IMMEDIATE OCCUPANCY. BACKYARD FEATURES A COVERED PATIO & TRELLIS WITH A GROWING GRAPEVINE. THIS WELL-MAINTAINED ONE OWNER HOME IS A RARE FIND AND TRULY A MUST SEE!
Unit Size
2,991 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$104
Property Type
House
Property Taxes
$621
HOA Dues
$23
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14326479)

Price History

Date / Event Date Event Price
May 22, 2020 Sold
Premium
Sold
Apr 22, 2020 Listed by Broussard Realty $309,900
Listed by Broussard Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 662
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,023
  • Total Building Area: 2,990
  • Gross Building Area: 2,990
  • Building Area: 2,990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNN CREEK HILLS
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: LYNN CREEK HILLS BLOCK 6 LOT 26

Neighborhood

  • School District Name: Mansfield Independent School District
  • School Tax School District: MANSFIELD
  • Census Tract: 111563

Geography

  • Assessors Map Reference: 112-F
  • Account Number: 40069982
  • District: 038
  • Parcel: 40069982
  • Block: 6
  • Lot: 26
  • Municipality: GRAND PRAIRIE
  • Latitude: 32.6387
  • Longitude: -97.0569

    Address

  • Full Address: 2824 Ector Dr
  • Address - House Number: 2824
  • Address - Street Name: Ector
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Grand Prairie
  • Carrier Code: R024
  • 4-Digit Zip Code: 8517
  • Zip Code: 75052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $710,513
  • Tax Rate Code Area: 908

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 449,163
  • High Value: 538,629
  • Low Value: 359,698

    Market Valuation

  • Market Total Value: $425,187
  • Market Land Value: $60,000
  • Market Improvement Value: $365,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,187
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $365,187

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D220117739
  • Previous Sale Recording Date: Jun 04, 2003
  • Previous Sale Contract Date: May 30, 2003
  • Previous Sale Amount: $182,400
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynn Creek Hills

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$141

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2787 ft²

Average Home Age

20.8 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2740 Eastland Drive, Grand Prairie, TX, 75052

$3,700 /mo

  • 5 Beds
  • 3 Baths
  • 3,855 ft²
2740 Eastland Drive, Grand Prairie, TX, 75052 Listing by Ikay Aburime
Unit for rent at 5231 Kathryn Drive, Grand Prairie, TX, 75052

$3,400 /mo

  • 5 Beds
  • 2 Baths
  • 3,036 ft²
5231 Kathryn Drive, Grand Prairie, TX, 75052 Listing by Brisa Dominguez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Sylvie N Broussard, Broussard Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14326479
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2824 Ector Drive built and last sold?
The property at 2824 Ector Drive was built in 2003 and last sold on May 22, 2020 for $308,400.
How much is this home worth?
The estimated value of the home located at 2824 Ector Drive is $0.
What are some comparable homes to 2824 Ector Drive?
There are currently no comparable homes to 2824 Ector Drive.
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