Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated? Info

$238,000

502 Royal Ave, Grand Prairie, TX, 75051

$239,646 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.96 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size7,257 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN24110-A-9
Lot Number9
SubdivisionLobb-Milliorn Subdivision
Land UseResidential
Legal DescriptionLOBB-MILLIORN SUBDIVISION BLOCK A LOT 9
Census Tract113007
Assessed Land Value$58,088
Assessed Improvement Value$173,032
Assessment Year2025

About this property

Welcome to 502 Royal Ave, a charming 4-bedroom, 2-bath home ideally situated with quick access to major highways including 161, 360, and I-30. Inside, you’ll love the warmth of bamboo flooring throughout and the privacy of a primary suite tucked away in its own wing, separate from the other bedrooms. The spacious backyard offers plenty of room for family gatherings, BBQs, or simply relaxing, and comes complete with a storage shed for added functionality.This move-in ready home combines comfort, location, and lifestyle—all in one package. Perfectly located near Grand Prairie Premium Outlets, IKEA, and just minutes from both the Globe Life Field and AT&T Stadium, this home puts entertainment, shopping, and convenience right at your fingertips. Don’t miss your chance to own in the heart of Grand Prairie!

Investor Tools

Property Icon
$236,000
Estimated Property Value
$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$239,645
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,141
$231,120
2025
$58,088
$173,032
$231,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,141
$231,120

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
10.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

502 Royal Ave | Property Details | No Agent List