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$250,000

217 Cedar Dr, Grand Prairie, TX, 75052

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.21 acres

Land Information

APN280546500001R0000
SubdivisionDow Pl Ace
Land UseResidential
Legal DescriptionDOW PL ACE 2 LT 1R ACS 1.207 INT202400075592 DD04152024 CO-DC 0546500001R00 4CP05465000
Census Tract016412
Assessment Year2025

About this property

DO NOT MISS THIS RARE OPPORTUNITY IN GRAND PRAIRIE! Gorgeous level lot on just over 1.2 acres in Grand Prairie. CLEARED and READY TO BUILD ON, which will save you thousands! The lot has a 30x60 barn with three (3) stalls! The barn can be used for parking, storage or horses! Horses are allowed! The barn features a partial slab for covered parking and storage. This is the perfect spot for your new dream home! Horses are allowed on this property, but buyer must verify that horses are still allowable! Low traffic street! The lot is just over 1.2 acres. Water and Sewer are not currently present on the property. BUYER must call the city to discuss permitting for water, sewer, and must add a utility meter to the property. Lot will require a well, and onsite sewer system to be installed by the buyer. Electric is available nearby, the buyer will need to add the meter. NOTE: This lot can be sold with the one next door that is also the same size -- see MLS: 20445391, 221 Cedar Drive.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$0Estimated Mortgage Balance
$243,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,717
$186,880
2025
N/A
N/A
$186,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,717
$186,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,000
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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217 Cedar Dr | Property Details | No Agent List