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Highlights
Pet Friendly
Location
2720 Waterway Dr, Grand Prairie, TX 75054, USA|Grand Peninsula
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Amenities for 2720 Waterway Dr, Grand Peninsula
Apartment Amenities
| Fireplace | Formal Dining Room |
| Hardwood Floor | Open Concept |
| Wood Burning Fireplace |
Appliances
| Dishwasher | Gas Stovetop |
| Microwave |
Building
| Cats OK | Dogs OK |
Grounds
| Outdoor Space | Yard |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
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About 2720 Waterway Dr
Welcome to this charming 3-bedroom, 2-bathroom home in the sought-after Cove at Grand Peninsula subdivision in Grand Prairie, TX. This lovely home boasts hardwood floors throughout the living areas and an open-concept layout, perfect for entertaining. It features two formal living areas, ideal for a home office or study, and a second living space with a stunning floor-to-ceiling gas fireplace—perfect for creating memorable family moments. The spacious backyard offers plenty of room for outdoor activities and gardening. With its fantastic curb appeal and desirable amenities, this home is a true gem. It’s also a rare leasing opportunity within the Cove at Grand Peninsula. Just minutes from Joe Pool Lake, residents can enjoy access to the community pool, clubhouse, pond, and greenbelt. Don’t miss out on this incredible opportunity! FREE DEPOSIT for qualified candidates through Obligo...Call for details! Self-Showing Hours: Every day, 8 am to 8 pm. Click the link below: https showinghero com property managetenantproperty NDEyODg= ***Each resident over the age of 18 must submit a separate rental application*** APPLICATION REQUIREMENTS - Provide 3 years of residential history as well as contact information for your rental references. - Proof of monthly income pay stubs (or bank statements if self-employed) - Most properties require that applicant's combined gross income is at least three (3) times the monthly rent amount. - Section 8/Housing Assistance: We participate in the Section 8 Housing Program; however, this property is currently NOT set up for Section 8 Housing. We would need to complete a separate process to set it up, which may take additional time and may delay the approval process. Beware of scams: Real Property Management MidTown employees will never ask you for your username and password. RPMMidTowm does not advertise on, Social Serve, etc. We own our homes; there are no private owners. All funds to lease with RPM MidTown are paid directly through our website, never through wire transfer or payment app like Zelle, Pay Pal, or Cash App. For more information, please submit an inquiry for this home. Applications are subject to our qualification requirements. Additional terms and conditions apply. CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Real Property Management MidTown Msg & amp; Data rates may apply.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 2720 Waterway Dr compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Pet friendly
- This property allows pets
Address details
| Neighborhood | Grand Peninsula |
|---|---|
| Zip code | 75054 |
| Type | House for rent |
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Rent trends in Grand Peninsula
3-bedroom apartments at 2720 Waterway Dr cost about 12% less than the average rent price for 3-bedroom apartments in Grand Prairie.
Median rents as of Jan 17 2026.
Grand Peninsula
Grand Prairie
| Month | Median Rent |
|---|---|
| February 2024 | $2,150 |
| March 2024 | $2,192 |
| April 2024 | $2,238 |
| May 2024 | $2,265 |
| June 2024 | $2,300 |
| July 2024 | $2,290 |
| August 2024 | $2,243 |
| September 2024 | $2,200 |
| October 2024 | $2,196 |
| November 2024 | $2,128 |
| December 2024 | $2,169 |
| January 2025 | $2,194 |
| February 2025 | $2,200 |
| March 2025 | $2,193 |
| April 2025 | $2,195 |
| May 2025 | $2,201 |
| June 2025 | $2,207 |
| July 2025 | $2,210 |
| August 2025 | $2,169 |
| September 2025 | $2,168 |
| October 2025 | $2,187 |
| November 2025 | $2,191 |
| December 2025 | $2,169 |
| January 2026 | $2,150 |
| Month | Median Rent |
|---|---|
| February 2025 | $2,970 |
| March 2025 | $2,945 |
| October 2025 | $2,950 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 11 months ago | $2,600 |
Schools near 2720 Waterway Dr
Anna May Daulton Elementary School
2607 n grand peninsula dr
grand prairie, TX, 75054
PK, K-4Public
A
Judy Miller Elementary School
403 n holland rd
mansfield, TX, 76063
PK, K-4Public
A-
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Internet available near 2720 Waterway Dr
Neighborhood
Grand Peninsula | Grand Prairie, TX
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Grand Prairie near 2720 Waterway Dr
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 2720 Waterway Dr, Grand Prairie
Groceries
0/10
No grocery stores within walking distance
Shopping
2/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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