$405,000
●
House -
Off Market
7124 Playa Paraiso Drive
Grand Prairie, TX 75054
4 Beds
1 Bath,
1
Half Bath
3,523 Ft²
$588,803
RealtyHop Estimate
40.19%
Since Nov 1, 2020
TX-Dallas
Primary Model
About This Property
The dream home you've been looking for! Built in 2018 and more
upgrades, for a better bargain than you would get with the builder
now. The sellers customized the following when they had this house
built: Covered front porch, covered patio as well as an
extended patio, added gas line for bbq, extended dining room, added
butler's pantry, extended kitchen island, custom blinds, solar
screens on front of house, french drains, A SECOND MASTER SUITE for
multi-generation families, 7 ceiling fans, smart wiring, pendent
lights, trees in the backyard, wired for security, and wiring for a
fully functional smart home! Being close to the lake, and only a 2
year old house, you will not find a better home at a better price!
Unit Size
3,523 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$119
Property Type
House
Property Taxes
$850
HOA Dues
$47
Year Built
2005
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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 #14431244)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2022 | No longer available | - | |
| No longer available | |||
| Nov 8, 2022 | In contract | - | |
| In contract | |||
| Oct 14, 2022 | Listed by Coldwell Banker Apex | $550,000 | |
| Listed by Coldwell Banker Apex | |||
| | |||
|
OPEN HOUSE OCT. 22 from 10:30-12:30 This beautiful 2 story, open floorplan home with a full sized 2nd master bedroom is ready for you & all of your holiday guests! Private master bedroom with ensuite bath is downstairs, along with office, extended dining room & butler's pantry. Kitchen has a new vent-a-hood, fridge conveys to buyer & is open to the family room which has 20 ft. ceilings, wall of windows & a fireplace making it easy to have conversations while cooking holiday meals & watching football games. Upstairs boasts 2nd master bedroom with ensuite bath, 2 bedrooms with a Jack & Jill bathroom, & a lg gameroom overlooking downstairs den. House is updated for the most discerning energy saver with ceiling fans, solar screens along the West windows, & solar panels to help with the electric bills. The neighborhood has an elementary school just blocks away, walking trails, & is just 2 miles from Joe Pool Lake. Please see attachments re: solar panels, inspection report & survey. The manager has listed the unit size as 3447 square feet.
| |||
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Sep 9, 2020 | Listed by The Michael Group Real Estate | $420,000 | |
| Listed by The Michael Group Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mira Lagos
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jeff Peterson, The Michael Group Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14431244
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14431244
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017