1938 El Paso St, Grand Prairie, TX, 75051
About This Home
Don't miss this exceptional Income-producing or multi-generational living opportunity!!! This property presents a compelling opportunity for investors and homeowners alike, offering both significant rental income potential and a flexible layout for multi-generational living. Key features include: A spacious 1,295sqft main house: This residence features a well-designed layout with 3 bedrooms, 3 bathrooms, a dedicated dining area, and a kitchen, providing ample space for comfortable living. Two 1,000sqft additional apartment rental units: Each of the two separate units includes 2 private bedrooms, 1 bathroom, and fully equipped kitchenette. This setup provides independence and privacy for tenants or family members. Turnkey investment: This property allows for immediate income generation (each unit is rented on a month-to-month basis at $1,200.00 each, making it a sound addition to any investment portfolio. Prime location: Conveniently situated near local parks, schools, and shopping centers, the property also offers easy access to major highways. This total 3,303sqft versatile property is designed to meet a variety of needs!!!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1964
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Disposal,Gas Water Heater,Microwave
Bedroom
- Level: First
- Dimensions: 11 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: Second
- Dimensions: 11 x 9
Bedroom
- Level: Second
- Dimensions: 12 x 10
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Features
- Granite Counters
- Flooring: Carpet,Laminate
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 3,303 sqft
Kitchen
- Features: Built-in Features,Stone Counters
- Level: First
- Dimensions: 8 x 16
Kitchen
- Level: First
- Dimensions: 7 x 8
Living Room
- Level: First
- Dimensions: 11 x 17
Living Room
- Level: Second
- Dimensions: 12 x 13
Living Room
- Level: First
- Dimensions: 13 x 12
Master Bedroom
- Level: First
- Dimensions: 11 x 16
Other
- Level: Second
- Dimensions: 6 x 8
Other
- Level: First
- Dimensions: 8 x 5
Property
Details
- Parcel number: 280525011311R0000
- Attached to another structure: Yes
- Exclusions: None
Features
- Levels: Multi/Split
- Pool features: None
- Patio & porch: Front Porch
- Fencing: Back Yard,Chain Link
Lot
- Lot size: 9,016 sqft
Parking
- Parking features: Concrete,Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Tornado
- Cold Wave
- Inland Flooding
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,149 | $25,788 |
| Home Insurance * | $365 | $4,380 |
| Property Taxes | $509 | $6,108 |
| Electricity | $362 | $4,352 |
| Total | $3,385 | $40,620 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Listed for sale | $425,000 |
| 2026-01-05 | Listing removed | $400,000 |
| 2025-12-19 | Price change | $400,000 |
| 2025-11-27 | Price change | $424,500 |
| 2025-11-19 | Price change | $425,000 |
| 2025-11-02 | Listed for sale | $450,000 |
| 2025-10-27 | Pending sale | $450,000 |
| 2025-09-23 | Listed for sale | $450,000 |
| 2025-09-16 | Contingent | $450,000 |
| 2025-08-29 | Listed for sale | $450,000 |
| 2021-09-24 | Sold | -- |
| 2021-09-07 | Pending sale | $209,950 |
| 2021-08-25 | Listed for sale | $209,950 |
For Sale by Agent
View on Zillow