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Renovated Triplex with Private Yards
For Sale
$439,000

406 Dawson Circle, Grand Prairie, TX 75051

ResidentialIncome, Grand Prairie, TX

Property SizeContact for details
Lot Size0.22 Acres
Days on Market94

Property Features for 406 Dawson Circle

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2
Parking 2
Parking features On Street, Driveway
Interior features DecorativeDesignerLightingFixtures, GraniteCounters
Appliances Dishwasher, Refrigerator
Subdivision Beltline Add
Elementary school Bowie
Middle school Adams
High school Grand Prairie
Elementary school district Grand Prairie ISD
Middle school district Grand Prairie ISD
High school district Grand Prairie ISD
Directions See Maps
Standard status Active
APN 28009500030110000
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description BELTLINE ADDN & BELTLINE SHP VLG BLK 3 LOT 11
Tax Annual Amount 2724
Legal Description BELTLINE ADDN & BELTLINE SHP VLG BLK 3 LOT 11

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Ceiling Fan(s)
Water source Public

Amenities

granite counters
vinyl plank flooring
dishwashers
fridges
ceiling fans
private backyard

Building Details

Year built 1953
Floors in Building 2
Number of units 3
Flooring type Vinyl
Building materials WoodSiding
Roof type Shingle
Listing Agency: True Guard Property Management
Listed By: Thomas Lail · License #0631083
Added: Jul 17 Changed: Sep 15 Last Checked: Oct 18 at 2:06AM
MLS# 21214677

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This renovated triplex contains three separately configured residences: one with three bedrooms and one bathroom, one with two bedrooms and one bathroom, and one with a single bedroom and one bathroom. Interior improvements include granite countertops, vinyl flooring, ceiling fans, dishwashers, and refrigerators. Each residence has its own private backyard. Recent foundation repairs have been completed.

The property occupies 0.216 acres and was built in 1953. Parking is available in the driveway and along the street. Public water and public sewer serve the property, with central natural-gas heating, shingle roofing, and wood siding. All three units are currently leased.

Key Highlights

  • Three‑unit property with 3‑bedroom, 2‑bedroom, and 1‑bedroom residences
  • Each unit includes a private backyard
  • Granite countertops and vinyl flooring throughout the updated interiors

Property Analytics

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Current Use

SeyChest Travel Agency Travel Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Auto Parts Store Locksmith Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby

Demographics for 75051, TX

40,243
Population
14,139
Households
2.8
Avg Household Size
32
Median Age
15%
College-Educated
68%
High-School Grad
12.6 sq mi
ZIP Area
3,194
Density / Sq Mi
$53,124
Median Household Income
$34,029
Median Earnings
$1,183
Median Rent
$196,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Fully leased three-unit property with updated interiors, individual outdoor areas, and driveway and street parking.
Where is this triplex located?
The property is located at 406 Dawson Circle Grand Prairie, TX.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Three‑unit property with 3‑bedroom, 2‑bedroom, and 1‑bedroom residences; Each unit includes a private backyard; Granite countertops and vinyl flooring throughout the updated interiors
More about this property
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