Updated Condo with Flexible
578 E Avenue J #A, Grand Prairie, TX 75050
Updated condo with two living areas, community amenities, and prime location.
Type:Condominium
Property size:
1,568 SFPrice / SF:
$127/SF- Added:
- Aug 5, 2025
- Days on Market:
- 302
- Last Refresh:
- May 19 at 9:07 pm
Property Features for 578 E Avenue J #A
General Information
- Standard status
- Active
- Size
- 1,568 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1968
Listing agent Jordan Davis License #0632691 (817) 313-7973
Listing office Keller Williams Legacy (817) 313-7973
Listing date Aug 5, 2025
Source Kw
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Legacy
HighLights
- Updated condo with FLEXIBLE FLOORPLAN and TWO SPACIOUS LIVING AREAS.
- Kitchen features GRANITE COUNTERTOPS, designer backsplash, Shaker‑style cabinetry, and stainless steel appliances.
- Primary suite includes a SPACIOUS SITTING AREA and updated bathroom with dual sinks and a large walk‑in shower.
- Convenient location with quick access to Highway 360 and I‑30, near shopping, dining, entertainment, and major employers.
- Community amenities include a swimming pool and fully equipped fitness center.
- Equipped with two AC units, one replaced in July 2023.
Overview
This updated condo features a flexible floorplan with two spacious living areas suitable for entertaining or relaxing. The front room includes built-in cabinetry and can function as a formal dining room, home office, or library. The kitchen is equipped with granite countertops, a designer backsplash, Shaker-style cabinetry, and stainless steel appliances. The adjoining living room offers an open-concept layout with wood flooring, crown molding, and natural light. The primary suite includes a sitting area and an updated bathroom with dual sinks and a walk-in shower. A secondary bedroom, bathroom, and private balcony are also located on the second level. The condo is equipped with two AC units, with one unit replaced in July 2023. Community amenities include a swimming pool and a fitness center. The property is located with access to Highway 360 and I-30, near shopping, dining, entertainment, and major employers. The property size is 1568 square feet.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.7k | $17.64 |
| − Vacancy | −$1.3k | −$0.85 |
| EGI | $26.3k | $16.79 |
| − OpEx | −$11.8k | −$7.56 |
| NOI | $14.5k | $9.24 |
1,568 SF · lease $17.64/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$206.9K
$181.0K – $241.4K
NOI $14,483 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$440.8K
$385.7K – $514.3K
NOI $30,858 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Grand Prairie
- County
- Dallas
- State
- Texas
- Longitude
- -97.0609
- Latitude
- 32.7672
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Updated condo with two living areas, community amenities, and prime location.
Where is this apartment building located?
The property is located at 578 E Avenue J #A Grand Prairie, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Updated condo with FLEXIBLE FLOORPLAN and TWO SPACIOUS LIVING AREAS.; Kitchen features GRANITE COUNTERTOPS, designer backsplash, Shaker‑style cabinetry, and stainless steel appliances.; Primary suite includes a SPACIOUS SITTING AREA and updated bathroom with dual sinks and a large walk‑in shower.
