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$200,000

1216 Marker Dr, Grand Prairie, TX, 75104

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.52 acres

Land Information

APN281208500F2383000
Lot Number2383
SubdivisionLake Ridge Sec 18-A
Land UseResidential
Legal DescriptionLAKE RIDGE SEC 18-A PH 2 BLK F LT 2383 INT202400119592 DD06122024 CO-DC 1208500F23830 4CP1208500F
Census Tract016525
Assessed Land Value$200,000
Assessment Year2025

About this property

Welcome to the beautiful rolling terrain of The Lake Ridge Community at Joe Pool Lake at Cedar Hill! This beautiful lot is approximately 1.53 acres, located on a cul-de-sac street with mature trees. Feel free to walk the lot and see the cleared area in the back that is an ideal spot to build your dream home. City utilities are already in place. Minutes from Joe Pool Lake facilities, Tangle Ridge Golf Course, parks, Joe Pool beach are all minutes from this gorgeous site. See photos of the beautiful Club House, located close to the entrance to the community, that is available to rent for family gatherings or parties with a gorgeous deck and balcony! Please contact listing agent for restrictions.

Investor Tools

Property Icon
$200,000
Estimated Property Value
$0Estimated Mortgage Balance
$200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,642
$200,000
2025
$200,000
N/A
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,642
$200,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grand Prairie

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1216 Marker Dr | Property Details | No Agent List