5740 Derek Way, Grand Prairie, TX 75052 Property Records

Tarrant County property record for 5740 Derek Way, Grand Prairie, TX 75052

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,404 sqft · built 2006
Lot Size	0.179 acres (7,810 sqft)
Owner	Individual Name on File
Last Sale	$205,900 (May 2006)
Tax Bill	$2,071 (2025)
Deeds & Mortgages	May 2019 Mortgage May 2019 Loan Modification + 1 more
Flood Zone	Zone X (minimal risk)
APN	`39607N-D-14`

Property Details

APN / Parcel Number

Primary APN	`39607N-D-14`
Alternative APN	`40906728`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	2,404 sqft Living Area

Exterior

Year Built	Built 2006
Effective Year Built	Effective 2006
Construction Type	Brick
Lot Area	7,810 sqft (0.179 acres)
Garage Area	441 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	40906728
Street Address	5740 DEREK WAY
City	GRAND PRAIRIE
State	TX
Zip	75052-0426
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SOUTHGATE ADDITION PHASE II BLOCK D LOT 14
Legal Subdivision	SOUTHGATE ADDITION
Legal Phase	II
Legal Block	D
Legal Lot Number	14
Jurisdiction	TARRANT TX
Township / Civil Division	ARLINGTON
Census Block Group	2
Census Block	2004
Census Tract	111564

Owner

5740 Derek Way is owned and occupied by an individual who bought it in May 2006.

Source: Tarrant County records, as of June 2, 2026

Owner of Record	Individual Name on File
Mailing Address	5740 DEREK WAY, GRAND PRAIRIE, TX 75052-0426
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 20, 2019	Deed of Trust, Mortgage · FHA Mortgage HUD-HOUSING/URBAN DEV
May 20, 2019	Loan Modification, Mortgage WELLS FARGO BK
Jan 3, 2017	Deed of Trust, Mortgage · FHA Mortgage HUD-HOUSING/URBAN DEV

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 3, 2006 · Amount on File
Deed Sale	May 3, 2006 · Amount on File
Deed Document Number	2006132015
Prior Transfer Date	Apr 27, 2006
Prior Transfer Doc	0000132015
Record Updated	Oct 29, 2026

May 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TARRANT TX
Property Address	5740 DEREK WAY, GRAND PRAIRIE, TX 75052-0426
Document Number	0000117751
Instrument Date	May 20, 2019
Transaction Type	Mortgage
Record Updated	Jul 1, 2019
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5740 DEREK WAY GRAND PRAIRIE TX 750520426, GRAND PRAIRIE, TX 75052-0426

Mortgage

Document Number	0000117751
Date	Jun 3, 2019
Instrument	219117751

Lender

Name	HUD-HOUSING/URBAN DEV
Address	451 7TH ST SW, WASHINGTON, DC 20410-0001

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jun 2, 2049

May 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	TARRANT TX
Property Address	5740 DEREK WAY, GRAND PRAIRIE, TX 75052-0426
Document Number	0000129022
Instrument Date	May 20, 2019
Transaction Type	Mortgage
Record Updated	Jul 3, 2019
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5740 DEREK WAY GRAND PRAIRIE TX 750520426, GRAND PRAIRIE, TX 75052-0426

Mortgage

Document Number	0000129022
Date	Jun 17, 2019
Instrument	219129022

Lender

Name	WELLS FARGO BK
Type	Bank
Address	DES MOINES, IA 50328

Agreement

Amount	Amount on Record
Term	360 Months
Due	Jun 16, 2049

Interest

Rate	4.62%

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TARRANT TX
Property Address	5740 DEREK WAY, GRAND PRAIRIE, TX 75052-0426
Document Number	0000017823
Instrument Date	Jan 3, 2017
Transaction Type	Mortgage
Record Updated	Feb 20, 2017
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5740 DEREK WAY GRAND PRAIRIE TX 750520426, GRAND PRAIRIE, TX 75052-0426

Mortgage

Document Number	0000017823
Date	Jan 24, 2017
Instrument	217017823

Lender

Name	HUD-HOUSING/URBAN DEV
Address	WASHINGTON, DC 20410-8000

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	324 Months
Due	Jan 23, 2044

Tax Assessment & Valuation

The 2025 property tax bill for 5740 Derek Way was $2,071 with exemptions applied, down 0.3% from the year before.

Source: Tarrant County assessment roll, as of June 2, 2026

Property Jurisdictions

Type	Name
State	Texas
Municipality	Grand Prairie City
County	Tarrant County
Unified School District	Mansfield Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$2,071.00 (-0.34%) Homeowner's exemption Senior Citizen's exemption	$327,971 Land $60,000 Building $267,971	$327,971 Land $60,000 Building $267,971
2024	$2,078.00 (-35.26%)
2023	$3,210.00 (-36.35%) Homeowner's exemption Senior Citizen's exemption	$394,282 Land $60,000 Building $334,282	$394,282 Land $60,000 Building $334,282
2022	$5,043.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 5740 Derek Way in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective October 12, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 4 (30% premium discount)
Nearby Flood Policies	3 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 5740 Derek Way is low, with a 0.03% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 93% of the US · lower than 96% of Texas
Wildfire Likelihood	0.03% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF GRAND PRAIRIE serves 201,843 people · EPA ID TX0570048
Water Source	Purchased surface water from several systems
Last State Inspection	Jun 2024
Lead	1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 218 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Spectrum Cable	1,000 / 1,000

May also be available: Nextlink.

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