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$475,000

Beds
3
Baths
3.0
sq ft
2,953

7015 Palencia, Grand Prairie, TX 75054

7015 Palencia

Grand Prairie, TX 75054

  • Pending
Discover this stunning Highland Home in the prestigious Villas at Mira Lagos, offering an elegant blend of style and functionality. This spacious 2-story home boasts 3 bedrooms, 2.1 baths, an office, a media room with a surround sound system, a game room, and an oversized 3-car garage—perfect for modern living. The open-concept design is accentuated by high ceilings, a wrought iron staircase, and abundant natural light. The chef’s kitchen features granite countertops, stainless steel appliances, a large island, and rich wood cabinetry. Cozy up by the stone gas fireplace in the inviting living area, or step outside to the large backyard with a covered patio and textured flooring, ideal for relaxing or entertaining. Recent updates include a new roof (2020) and new Saint Augustine grass (2024). Enjoy the exceptional neighborhood amenities, including scenic walking trails, serene fishing ponds, three community pools, and a well-equipped fitness center. Located in the highly sought-after Mansfield ISD, this home is just minutes from Joe Pool Lake, The Shops at Broad, Vernon Newsome Stadium, water parks, premier shopping, and fine dining. Don’t miss your chance to own this remarkable home in an unbeatable location! Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$493,343

Lot size

7,666.56 sq ft

Price per sq ft

$161

Year built

2010

Annual property taxes

$10,321

Monthly HOA fee

$53.67

Price History

03/07/2025
NTREIS

NTREIS #20850056

Pending
$475,000
02/26/2025
NTREIS

NTREIS #20850056

Listed
$475,000
01/26/2021
NTREIS

NTREIS #14484766

Removed

Schools & Community

Elementary school: 

Anna May Daulton

Middle school: 

Jones

High school: 

Mansfield Lake Ridge

Community features: 

Pool, Fitness Center, Playground

School district: 

Mansfield ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$96,763
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$340,237
Cash to seller
$96,763

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

January 2021

Original loan amount

$375,250

Est. remaining balance

$340,237

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Richard Keith Sparkman and Gabriela Santos

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 03/10/2025 at 3:10 AM

Listing updated: 03/07/2025 at 7:27 AM

Listed by: Dani Palmer, Redfin Corporation Phone #: (817) 783-4605

MLS: NTREIS #20850056

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