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$155,000

556 E Avenue J Apt B, Grand Prairie, TX, 75050

$173,804 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,514 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$102.38 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Building Information

Year Built1968

Land Information

APN-6725C---F--556B--10
SubdivisionCastillian Condominium, The
Land UseResidential
Legal DescriptionCASTILLIAN CONDOMINIUM, THE BLDG F APT 556B & .009866 OF COMMON AREA
Census Tract113003
Assessed Land Value$30,000
Assessed Improvement Value$200,289
Assessment Year2025

About this property

Step into this stylish 3-bedroom, 2.5-bath condo in the heart of Grand Prairie, offering modern comfort and unbeatable convenience. Enter through your private iron gate into a charming courtyard that sets the tone for the home’s unique character. Inside, the living area impresses with soaring two-story ceilings and dramatic floor-to-ceiling windows that flood the space with natural light. The thoughtful layout features spacious bedrooms, a well-appointed kitchen, and inviting living and dining areas perfect for everyday living or entertaining. Enjoy access to fantastic community amenities including a fitness center and sparkling swimming pool. Located just minutes from Hwy 360 and I-30, this condo provides quick access to Arlington’s best attractions—sporting events, world-class entertainment, shopping, dining, and more. A blend of comfort, style, and convenience, this Grand Prairie gem is ready to welcome you home.

Investor Tools

$66,186Estimated Mortgage Balance
$164,426Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$173,804
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,382 /month
Positive
Cash Flow Estimate:
$461 /month

Interested in this property?

Greg Primus

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$126/month
$490/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$365
$230,289
2025
$30,000
$200,289
$230,289
No

Tax History

Year
Tax Paid
Assessed Value
2025
$365
$230,289

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$80,000
No
First
Dec 27, 2017
Jan 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,186
$164,103
71%
29%
$480/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$970/mo
+$595/mo
8.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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