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5240 Lake Grove Drive, Grand Prairie, Texas– $390,000
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  • 4 Beds
  • 2.1 Baths
  • 2,835 Sqft
  • 2 Garages
  • .18 Acres
  • 2005 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 4 Beds
  • 2.1 Baths
  • 2,835 Sqft
  • 2 Garages
  • .18 Acres
  • 2005 Year Built
  • Study
  • Game Room
  • Media
  • Pool

5240 Lake Grove Drive
Grand Prairie, Texas 75052-2710

County: Dallas Lakewood Ph 01

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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$390,000
  • Est. Payment /m
  • Reduced By$35,000
  • Cumulative Days on MarketUnlock
  • MLS® #21296822
  • Bedrooms4
  • Bathrooms2.10
  • Square Footage2,835
  • Acres0.18
  • Year Built2005
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive
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Quick Valuation Analysis from 2 Active and 18 Sold Listings

Pricing Trends from 2 Active Listings in Lakewood

This Home's Price $390,000 This Home's Price Per SqFt $
Average Price $377,450 Average Price Per SqFt $
Highest Price $390,000 Highest Price Per SqFt $
Lowest Price $364,900 Lowest Price Per SqFt $

Pricing Trends from 18 Sold Listings in Lakewood

This Home's Price $390,000 This Home's Price Per SqFt $
Average Price $354,910 Average Price Per SqFt $
Highest Price $399,900 Highest Price Per SqFt $
Lowest Price $272,900 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address5240 Lake Grove Drive
  • SubdivisionLakewood Ph 01
  • CityGrand Prairie
  • CountyDallas
  • StateTexas
  • Zip Code75052-2710
  • HOAMandatory
  • HOA Fees$125
  • HOA Fees FrequencyQuarterly
  • UtilitiesCity Sewer, City Water
  • Taxes9616

Amenities

  • SecuritySmoke Detector(s)
  • # of Garages2
  • GaragesConcrete

Interior

  • Interior FeaturesCable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available, Vaulted Ceiling(s)
  • FloorsVinyl
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesElectric

Exterior

  • Exterior FeaturesCovered Patio/Porch, Rain Gutters, Lighting, Playground, Storage
  • FenceWood

Construction Details / Floorplan

  • Living Areas2
  • Dining Rooms1
  • Full Baths2
  • Half Baths1
  • RoofShingle
  • FoundationSlab
  • ConstructionBrick

Energy Efficiency / Green Features / Heating & Cooling

  • Green FeaturesSolar Electric System - Leased

Private Listing Information (Registration Required)

Listing Details

  • AgentDon Le
  • OfficeKeller Williams Frisco Stars

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Listing information last updated on October 19th, 2026 at 10:19am CDT.