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312 East Main Street

312 East Main Street, Grand Prairie, TX 75050
312 East Main Street in Grand Prairie, TX was first built in 1950 and is 74 years old. This has been categorized as a commercial property type. There are a total of 2 floors. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,010. In total, the area measurement of the land is 20,100 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The home has a flat style roof made of tar and gravel. Water for the property is sourced from a municipal system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of tile. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 312 East Main Street sold most recently in Nov 5, 2021 for a total of $837,900. If you work out the math, that's approximately a cost of $41.90 per sqft. Before that, the property was also sold for $421,900 in Jan 27, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,303 in taxes each year. The initial year of tax delinquency occurred in 2022. 312 East Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,000,000. If we break it down further, the land itself was valued at $130,650. Improvements to the property, however, were assessed at a total of $869,350. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Parking Lot
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Tile
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,100
  • Lot Size Depth Feet: 2,010
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 20,000
  • Gross Building Area: 20,000
  • Building Area: 20,000
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: THOMAS 1ST
  • Land Acres: 0.461
  • Standard Land Use Code: Department store (apparel, household goods, furniture)
  • Legal Description 1: THOMAS 1ST BLK B LTS 4 & 5 INT202100339324 DD11052021 CO-DC 2185000200400 5CP21850002

Ownership

  • Current Owner : DALLAS GALLERY INC
  • Previous Owner : ABC BARGAIN DEPOT INC
  • Owner Before Previous Owner: WATSON BROS PROPERTIES INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Grand Prairie Independent School District
  • School Tax School District: GR PRAIRIE ISD
  • Census Tract: 015500

Zoning

  • Zoning: Z20

Geography

  • Assessors Map Reference: 282185000200400
  • Account Number: 282185000200400
  • Subdivision Tract Number: 21850
  • Parcel: 28-21850-002-004-0000
  • Block: B
  • Lot: 4,5
  • Municipality: GRAND PRAIRIE
  • Latitude: 32.7461
  • Longitude: -97.0006

    Address

  • Full Address: 312 E Main St
  • Address - House Number: 312
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: TX
  • City Name: Grand Prairie
  • Carrier Code: C005
  • 4-Digit Zip Code: 5725
  • Zip Code: 75050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,303
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: PS

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $630,000
  • First Open Lien Mortgage Lender: FIRST UNITED BANK AND TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 11, 2021
  • First Open Lien Mortgage Loan Amount: $630,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,000,000
  • Market Land Value: $130,650
  • Market Improvement Value: $869,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,000,000
  • Assessed Land Value: $130,650
  • Assessed Improvements Value: $869,350

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 11, 2021
  • Current Sale Transaction ID: 11865727915
  • Current Sale Price: $837,900
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 339324
  • Previous Sale Recording Date: Feb 06, 2006
  • Previous Sale Contract Date: Jan 27, 2006
  • Previous Sale Amount: $421,900
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED BANK AND TRUST CO
  • First Mortgage Transaction Date: Nov 11, 2021
  • First Mortgage Loan Amount: $630,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WILSHIRE STATE BANK
  • Previous Mortgage Transaction Date: Feb 06, 2006
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $337,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Downtown Grand Prairie



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Frequently Asked Questions

What neighborhood is 312 East Main Street located in?
The 312 East Main Street is a commercial located in the neighborhood of Downtown Grand Prairie in Downtown Grand Prairie, Grand Prairie.
What is the average sales price for listings in 312 East Main Street?
The average sales price for units in 312 East Main Street is $0 currently.

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