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$1,100,000   Price Analysis
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1509 W Shady Grove Rd
Grand Prairie, TX 75050
5 bed 4 bath 3,500 SqFt ($314/SqFt)
1.76 acre lot. Built 1935
Listed 2024-02-17, Taxes $6,060
Ⓧ USDA Ineligible
due to price & location

near Grand Prairie

Unique Property with GRANDFATHERED RESI DEED in a LIGHT INDUSTRIAL ZONING with many options for use!

Also a fantastic opportunity for a 1031 EXCHANGE as the property currently has a tenant paying a mo-2-mo lease. Less than half mile from Hwy 161 and less than 4 miles from Hwys 30 and 360. This property is nestled into a great location for distribution, construction or commercial services! At a little over 1.75 acres, there is plenty of room for parking, storage or construction - whatever you need to develop the property to your needs. The property has full fencing for security and 2 renovated buildings to live in and-or convert into business use. BOTH BUILDINGS HAVE BEEN RENOVATED!

There re hardwood floors and granite countertops throughout. Building 1 has a large open reception or living room area with 3 separate rooms for eith er bedroom or private offices with private baths in each. Building 2 has private rooms and one bath. Your imagination is the limit at 1509!


Presented by Bobby Schleizer at
Rogers Healy and Associates.
Listing Agent Photo

Property MLS #20538945 from NTREIS

Bedrooms: 5

Total Bathrooms: 4
Full Bathrooms: 4

Eat-in Kitchen
Granite Counters
High Speed Internet Available
Flooring: Tile, Wood

Cooling Features: Central Air
Fireplace Features: Living Room
Heating Features: Central
Number of Fireplaces: 1

Acreage
Lot Description: 1 to < 3 Acres
Lot Size Acres: 1.7606
Lot Size Square Feet: 76692

Road Frontage Type: City Street
Road Surface Type: Gravel

Parking Features: Driveway, Gravel, Inside Entrance, No Garage, Off Street, On Site, RV Access/Parking, Unpaved

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Eisenhower
High School: Grand Prairie
Middle School: Fannin
School District: Grand Prairie ISD

Eisenhower Elementary School is a public elementary school located approximately 2.3 miles away.
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Grand Prairie High School is a public high school located approximately 3.6 miles away.
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James Fannin Middle School is a public middle school located approximately 5 miles away.
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Shady Grove Christian Academy is a private elementary, middle and high school located approximately 0.2 miles away.
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Source Listing Status: Active
County: Dallas
Current Use: Residential, Unimproved
Directions: HIGHWAY 161 North, Take Shady Grove Exit, Turn West, Property on South Side.
Source Property Type: Residential
Exclusions: Personal Property and vehicles are housed in back, as well as the temporary building in the back of the property.
Possible Use: Commercial, Industrial, Residential, Single Family, Unimproved, Warehouse
Source Neighborhood: JOHN C READ
Parcel Number: 65118387710040000
Postal Code Plus 4: 7120
Subdivision: JOHN C READ
Property Subtype: Farm/Ranch
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$8,830 + $230,070
$238,900
$6,060
2021$8,830 + $230,070
$238,900
$6,349
2020$8,830 + $230,070
$238,900
$6,735
2019$66,620 + $153,380
$220,000
$6,280
2018$66,620 + $153,380
$220,000
$6,427
2017$66,620 + $153,380
$220,000
$6,427
2016$25,570 + $159,430
$185,000
$5,401
2015$85,280 + $79,720
$165,000
$4,830
2014$85,280 + $79,720
$165,000
$4,601
2013$85,280 + $79,720
$165,000
$4,585

Relisted 2024-02-19
$1,100,000
NTREIS
Listing removed 2024-02-18
$1,100,000
NTREIS
Listed 2024-02-17
$1,100,000
NTREIS

Total Square Feet Living: 3500
Year Built: 1935
Construction Materials: Construction: Fiber Cement
Foundation Details: Pillar/Post/Pier
Levels: One
Property Age: 89
Roof: Composition
Levels or Stories: 1
Structure Type: Single Detached
Year Built Details: Preowned
Architectural Style: Traditional

Utilities: City Sewer, City Water

Security Features: Security Features: Carbon Monoxide Detector(s), Fire Alarm, Security Gate
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.