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Investment Highlights

  • Significant Capital Improvements
  • Central DFW Workforce Housing Location
  • Workforce Housing with Operational Upside
  • Attractive Assumable Fannie Mae Financing

Property Facts

Sale Type Investment
No. Units 123
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.34 AC
Building Size 102,753 SF
Average Occupancy 80%
No. Stories 2
Year Built/Renovated 1967/1975
Parking Ratio 1.56/1,000 SF
Zoning MF-1

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Freezer

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Pool
  • Spa
  • Grill
  • Laundry Service
  • Planned Social Activities
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 18 - 630
2+1 93 - 841
3+2 12 - 1,100
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
65144615010120000
Land Assessment
$464,990
Improvements Assessment
$11,785,010
Total Assessment
$12,250,000
  • Listing ID: 41242864

  • Date on Market: 7/10/2026

  • Last Updated:

  • Address: 531 S Belt Line Rd, Grand Prairie, TX 75051

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