




$425,000
1938 El Paso St, Grand Prairie, TX, 75051
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About this property
Don't miss this exceptional Income-producing or multi-generational living opportunity!!! This property presents a compelling opportunity for investors and homeowners alike, offering both significant rental income potential and a flexible layout for multi-generational living. Key features include: A spacious 1,295sqft main house: This residence features a well-designed layout with 3 bedrooms, 3 bathrooms, a dedicated dining area, and a large kitchen, providing ample space for comfortable living. Two 1,000sqft additional rental units: Each of the two separate units includes 2 private bedrooms, bathrooms, and fully equipped kitchenettes. This setup provides independence and privacy for tenants or family members. Turnkey investment: This property allows for immediate income generation (each unit is rented on a month-to-month basis at $1,200.00 each, making it a sound addition to any investment portfolio. Prime location: Conveniently situated near local parks, schools, and shopping centers, the property also offers easy access to major highways. This 3,303sqft versatile property is designed to meet a variety of needs!!!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Grand Prairie
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