Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
2021
Sq.Footage
1,946
Great opportunity for investor buyers seeking an income-producing property with an established tenant already in place. This single-story, three-bedroom, two-bath home is located in the appealing Lasater Ranch community and offers the added benefit of an existing lease in effect through July 2027. The property successfully passed its annual Section 8 Housing Quality Standards inspection on June 17, 2026. Grand Prairie has confirmed that another annual inspection is not expected until June 2027. Current Section 8 voucher is $2500. The transferable Section 8 HAP contract is subject to the City of Grand Prairie’s ownership transfer process, providing a straightforward path for an investor to continue the existing rental arrangement. The seller also has a contract with Ownwell, a property tax consulting company hired to submit an appeal and work toward reducing the property’s taxable value. Great location, nearby schools, amenities, shopping, Hwy 1187 and Crowley Plover Rd. With a tenant already in place, an active Section 8 HAP contract, and the annual inspection already completed for 2026, this property offers several features that may appeal to investors looking for an established rental opportunity. Call agent for details!
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
3
-
Bathrooms
2
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Garage Door Opener, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.187
-
Lot Size(square feet)
8,145
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$326,000
-
Tax Amount
$7,700
-
Sq. Footage
1,946
-
Price/SqFt
$167
HOA
-
Association
YES
-
Association Fee
$225
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
Crowley
-
Middle School
Richard Allie
-
High School
Crowley
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
32
-
Water Source
Public
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Location
County
Tarrant
Elementary School
Crowley
Middle School
Richard Allie
High School
Crowley
Listing Courtesy of Nancy Granby , Redfin Corporation
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AGENT
Joe Boston
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