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Days320Days on Market
Views4view

$325,000

1509 California Trail Trail, Grand Prairie, TX, 75052

On MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,916 Sq Ft
Multi FamilyMulti Family
price_per_sqft$169.62 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size7,351 sqft

Building Information

Year Built1980
Stories1
Roof Type105

Land Information

APN28221060740160000
SubdivisionTrailwood
Land UseResidential
Legal DescriptionTRAILWOOD 11 BLK XX LOT 16 INT201800033676 DD02062018 CO-DC 2210607401600 4CP22106074
Census Tract016417
Assessment Year2025

About this property

Unlock the potential of INSTANT CASH FLOW with this exceptional income-producing property in the heart of Grand Prairie, TX — where opportunity meets stability. This spacious three-bedroom, two-bath home spans nearly 1,900 square feet of well-designed living space, perfectly suited for long-term tenant retention and consistent returns. Tenants are already in place, ensuring immediate income from day one — no vacancy, no downtime, just a seamless transition into your growing portfolio. The home has been maintained with care and functionality in mind, providing both comfort and practicality — the kind of property that attracts and keeps quality renters. Location is everything, and this one delivers: ideally situated within walking distance to local schools, close to the YMCA, and just minutes from Epic Waters Indoor Waterpark, shopping, dining, and major commuter routes. Tenants appreciate the convenience — investors appreciate the stability. Whether you’re expanding your portfolio or seeking a reliable first investment, this home checks every box: strong location, desirable floor plan, and proven occupancy. With Grand Prairie’s steady growth and rental demand, this property offers not just a monthly return, but long-term appreciation and peace of mind. Invest with confidence. The numbers make sense, the tenants are happy, and the location sells itself. Opportunities like this don’t wait — they perform

Investor Tools

$221,253Estimated Mortgage Balance
$96,307Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Tanika Donnell

TDRealty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,770
$317,560
2025
N/A
N/A
$317,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,770
$317,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$229,500
No
First
Jun 20, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,253
$96,307
30%
70%
$1,376/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,376/mo
+$744/mo
8.0%

Learn About the Market: Opportunity in Texas

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Explore

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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1509 California Trail Trail | Property Details | No Agent List