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$201,000

538 E Avenue J A, Grand Prairie, TX, 75050

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,568 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$117.98 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1968

Land Information

APN-6725C---E--538A--10
SubdivisionCastillian Condominium, The
Land UseResidential
Legal DescriptionCASTILLIAN CONDOMINIUM, THE BLDG E APT 538A & .010690 OF COMMON AREA
Census Tract113003
Assessed Land Value$30,000
Assessed Improvement Value$114,404
Assessment Year2025

About this property

**PRICE REDUCED**Beautifully remodeled 3 bedroom 3 bath luxury condo is in Grand Prairie, TX right off of Hwy 360 at The Castillian. With 1568 square feet of living space, this is an excellent layout for a large family or for having roommates. The large living area has an open concept that will provide plenty of room to entertain. Enjoy sunsets and sunrises relaxing on your balcony! It's located minutes from DFW airport, Six Flags over Texas, Dallas Cowboys Stadium, Arlington Live and many great restaurants. HOA fees cover water bill, sewer, trash and the maintenance of the entire exterior, clubhouse, roof, foundation, community pool & community laundry area. 1 assigned parking space plus additional parking spaces available. ALL items in the property can be purchased for $7,500. Refrigerator conveys with property.

Investor Tools

Property Icon
$201,000
Estimated Property Value
$0Estimated Mortgage Balance
$201,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,206 /month
Positive
Cash Flow Estimate:
$402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
$651/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,290
$144,404
2025
$30,000
$114,404
$144,404
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,290
$144,404

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$201,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$651/mo
+$914/mo
9.3%

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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538 E Avenue J A | Property Details | No Agent List