Updated Full Duplex
3040 Navarro Lane Grand Prairie, TX 75052
3040 Navarro Lane, Grand Prairie, TX, 75052
$457,500
For Sale
$457,500
Both units have recently been updated with new flooring, cabinets, countertops, appliances, and updated bathrooms.
Property Size2,802 SF
Price / SF$163.28
Days on Market151
Property Features for 3040 Navarro Lane
General Information
- Standard status
- Active
- Size
- 2,802 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 1984
Listing agency
Post Oak Realty, LLC
(214) 215-1779
Listed by
Wenqian Zhao · License #0671445
(214) 215-1779
Source
Compass
Added: Feb 21 Updated: Jul 22 at 5:53AM Checked: Jul 22 at 5:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Post Oak Realty, LLC
Investment Insights
Based on property information with market context.
This full duplex offers two updated units with fresh paint throughout. Living rooms feature high ceilings and a fireplace, and each side includes a large closet and ample storage. Interior updates include new LVP flooring, new cabinets, quartz countertops, new appliances, and new vanities and toilets.
Outside, the property features a fenced yard with mature trees and a covered patio. There is an attached 1-car garage in the back with a wide driveway.
The location provides easy access to major highways, schools, and a shopping center. The duplex configuration supports either owner-occupant use or income-generating occupancy.
Outside, the property features a fenced yard with mature trees and a covered patio. There is an attached 1-car garage in the back with a wide driveway.
The location provides easy access to major highways, schools, and a shopping center. The duplex configuration supports either owner-occupant use or income-generating occupancy.
Key Highlights
- Full duplex with 2 units in a 1‑story brick building built in 1984
- Both units updated with new LVP flooring, new cabinets, quartz countertops, and new appliances
- Updated bathrooms including new vanities and toilets in both units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.0k | $15.00 |
| − Vacancy | −$2.3k | −$0.83 |
| EGI | $39.7k | $14.17 |
| − OpEx | −$11.9k | −$4.25 |
| NOI | $27.8k | $9.92 |
2,802 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$397.2K
$347.5K – $463.4K
NOI $27,803 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$369.7K
$323.5K – $431.3K
NOI $25,880 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$787.8K
$689.3K – $919.1K
NOI $55,143 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Both units have recently been updated with new flooring, cabinets, countertops, appliances, and updated bathrooms.
Where is this duplex located?
The property is located at 3040 Navarro Lane Grand Prairie, TX.
What is the asking price?
The asking price for this property is $457,500.
What are key features of this property?
This property features: Full duplex with 2 units in a 1‑story brick building built in 1984; Both units updated with new LVP flooring, new cabinets, quartz countertops, and new appliances; Updated bathrooms including new vanities and toilets in both units
