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$218,000

221 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

APN280546500002R0000
Lot Number2R
SubdivisionDow Pl Ace
Land UseResidential
Legal DescriptionDOW PL ACE 2 LT 2R ACS 1.207 INT202400053091 DD03152024 CO-DC 0546500002R00 4CP05465000
Census Tract016412
Assessed Land Value$150,880
Assessment Year2025

About this property

DO NOT MISS THIS OPPORTUNITY TO BUY LAND IN GRAND PRAIRIE! Amazing opportunity to own more than a acre of land in Grand Prairie where you can build your dream home! CLEARED and READY TO BUILD ON, which will save you thousands! The street is private with low traffic! 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. There are two lots that can be purchased together that are side by side, but are listed separately. Buyer to verify all information. Minerals are not owned by the buyer. This lot can be sold with the lot next to it -- see MLS: 20447501 at 217 Cedar Drive.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$0Estimated Mortgage Balance
$218,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,717
$150,880
2025
$150,880
N/A
$150,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,717
$150,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$218,000
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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221 Cedar Dr | Property Details | No Agent List