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$338,720

NAL Estimated Property Value

933 Se 2nd St, Grand Prairie, TX, 75051

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,809 Sq Ft
price_per_sqft$187.24 / sqft
Year BuiltBuilt in 1973

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Vinyl

Exterior

Lot Size10,457 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN28073500120180000
Lot Number18
SubdivisionGrand Prairie
Land UseResidential
Legal DescriptionGRAND PRAIRIE ESTATES BLK L LT 18 INT201200064583 DD03012012 CO-DC 0735001201800 4CP07350012
Census Tract016002
Assessed Land Value$45,000
Assessed Improvement Value$293,720
Assessment Year2025

About this property

Versatile Commercial Property – Ideal for Church, Event Center, Daycare & More. Currently operating as a Masonic Lodge, this spacious facility offers a wide range of potential uses including a church, event center, daycare, community center, or office space. Features include: Large banquet room – perfect for gatherings, receptions, or worship services. Lodge, meeting room – ideal for meetings, services, or multi-purpose use. A full kitchen for meals and social events. Office space – great for administration, classrooms, or private use. A paved parking lot with additional adjacent lot – ample room for parking or expansion. With flexible spaces and valuable amenities, this property is ready to accommodate your vision. Whether you're launching a new venture or expanding an existing one, this facility offers the room and resources to grow.

Investor Tools

Property Icon
$338,720
Estimated Property Value
$0Estimated Mortgage Balance
$338,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,624
$338,720
2025
$45,000
$293,720
$338,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,624
$338,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$338,720
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
7.0%

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.

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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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933 Se 2nd St | Property Details | No Agent List