5240 Lake Grove Drive

Grand Prairie, TX
$ 400,000 Beds 4 Baths 2.5 Sq 2,835 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to this beautifully maintained 4-bedroom, 2.5-bath home offering 2,835 square feet of comfortable living space in the desirable Lakewood community of Grand Prairie. Designed with both functionality and entertaining in mind, this spacious two-story home features two living areas, two dining areas, an upstairs game room, and a versatile floor plan that accommodates a variety of lifestyles. The private first-floor primary suite offers a relaxing retreat, while three additional bedrooms upstairs provide ample space for family, guests, or a home office. The open-concept kitchen is the heart of the home, featuring an island, abundant cabinetry, generous counter space, and a seamless flow into the main living area with a cozy fireplace and plenty of natural light. Whether hosting gatherings or enjoying a quiet evening at home, this layout is designed for everyday comfort. Step outside to enjoy the spacious backyard patio, perfect for outdoor dining, weekend barbecues, or relaxing with family and friends. The backyard offers plenty of room for recreation and outdoor enjoyment. Don’t miss this opportunity to own a spacious, well-maintained home with valuable updates, energy-efficient features, and an excellent location close to everyday conveniences and entertainment. Significant updates include new AC units installed and a gas water heater replaced in 2023, providing added value and peace of mind. The home is also equipped with roof-mounted solar panels under a transferable Power Purchase Agreement (PPA), allowing the buyer to assume the agreement and potentially benefit from reduced energy costs. Buyer and buyer’s agent to verify all information, including room dimensions, schools, and details regarding the solar panel agreement and transfer requirements.

Active

  • Price
  • $ 400,000
  • City
  • Grand Prairie
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • DALLAS
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.176 Acres
  • Zip
  • 75052
  • Sqr Footage
  • 2,835
  • Year Built
  • 2005
  • Taxes
  • $ 9616
  • Style
  • Traditional
  • MLS#
  • 21296822
Listed By: Keller Williams Frisco Stars
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Cooling Ceiling Fan(s),Central Air
Utilities City Sewer,City Water
Possession Closing/Funding
Roof Shingle
Appliances Dishwasher,Disposal,Electric Cooktop,Microwave
Assoc Fees 125
Number of Garage Spaces 2
School District Grand Prairie ISD
HOA Fee Includes Management Fees
Year Built 2005
Architectural Style Traditional
Levels Two
Unexempt Taxes 9616
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Lakewood Ph 01
Transaction Type For Sale
County Dallas
Property Type Residential
Security Features Smoke Detector(s)
Construction Materials Brick
Association Fee Frequency Quarterly
HOA Type Mandatory
Green Energy Efficient Solar Electric System - Leased
Full Baths 2
Status Active
Directions Exit Camp Wisdom and 360 and travel east,left on Black Tree Drive,right on Fleetwood Cove
City Grand Prairie
Elementary School Name Mike Moseley
High School South Grand Prairie
Elementary School Mike Moseley
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21296822
Standard Status Active
Listing Terms Cash,Conventional,FHA,VA Loan

Interior Features

Interior Features Cable TV Available,Decorative Lighting,Granite Counters,High Speed Internet Available,Vaulted Ceiling(s)
Flooring Vinyl
Fireplace Features Electric
Fireplaces Total 1
Dining Areas 1
Living Areas 2
Room Count 7
Half Baths 1
Lock Box Type Supra
Total Bedrooms 4
Total Baths 3
Window Features Window Coverings
Laundry Features Dryer Hookup,Washer Hookup

Exterior Features

Exterior Features Covered Patio/Porch,Rain Gutters,Lighting,Playground,Storage
Fencing Wood
Parking Features Concrete
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Slab
Lot Size Area 0.1760
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 7666.5600
Lot Size Acres 0.1760
Patio And Porch Features Patio
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Celina, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Mike Moseley Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/10/2026 Listed $425,000
7/27/2026 2% - $420,000
8/5/2026 2% - $414,999
8/19/2026 4% - $400,000

Property vs Zip Code Average in 75052

Price
AVG $390K
$400K
Taxes
AVG $7,828
$9,616
Year Built
AVG 1993
2005
Visits
AVG 190
341
Data Provided by Inside Real Estate®

5240 Lake Grove Drive Grand Prairie, TX is a Single Family Home for sale at $400000 with 2835 sqft and a lot size of 0.176 Acres Acre(s). 5240 Lake Grove Drive Grand Prairie has 4 bedrooms, 2 baths and was built in 2005. The property's zip code is 75052 which is in Grand Prairie, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.