This 4-plex property in Grand Prairie, TX is currently operating at an NOI of $19,631 and is 100% occupied. The property consists of two 1BD-1BA units and two 2BD-2BA units. This is a value-add investment, presenting new ownership with the opportunity to add washers and dryers in each unit in either the kitchen or bedrooms and implement RUBS at $50-unit to recover apx 80% of annual water-sewer expense. Adding these features will allow new owner to increase rents to $700 for 1 bed units and $750 for 2 bed units. Pro Forma NOI is $22,118 at a 7.37% cap rate...View the OM in attachments for showing and offer instructions.*** Prior purchase failed to perform. Back on market!
DO NOT DISTURB TENANTS! Full fourplex unit is in neighborhood with well kept single family residences. Four units total, two upstairs and two downstairs. Two of the units are two bedroom and the other two units are one bedroom Good sized living areas. Parking area in back. Water is paid by owner. Each unit is metered individually for electricity. Convenient location.
Public Records
Dec 2, 1994
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$6,448 (+0.3%)
$50,000 + $235,720
$285,720
2024
$6,431 (−6.2%)
$50,000 + $235,720
$285,720
2023
$6,855 (−9.3%)
$50,000 + $248,000
$298,000
2022
$7,559 (−4.6%)
$50,000 + $248,000
$298,000
2021
$7,920 (+12.2%)
$50,000 + $248,000
$298,000
2020
$7,062 (+110.6%)
$35,000 + $215,450
$250,450
2019
$3,353 (−2.3%)
$29,000 + $88,430
$117,430
2018
$3,431
$29,000 + $88,430
$117,430
2017
$3,431
$29,000 + $88,430
$117,430
2016
$3,428 (+13.9%)
$29,000 + $88,430
$117,430
2015
$3,009 (+5.0%)
$29,000 + $88,430
$117,430
2014
$2,866 (+0.3%)
$29,000 + $73,780
$102,780
2013
$2,856 (+0.4%)
$29,000 + $73,780
$102,780
2012
$2,845 (+0.7%)
$29,000 + $73,780
$102,780
2011
$2,825 (−28.3%)
2010
$3,942
2009
$3,942
Tax history for 1809 Roman Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,448 (+0.3%)
$50,000 + $235,720
$285,720
2024
$6,431 (−6.2%)
$50,000 + $235,720
$285,720
2023
$6,855 (−9.3%)
$50,000 + $248,000
$298,000
2022
$7,559 (−4.6%)
$50,000 + $248,000
$298,000
2021
$7,920 (+12.2%)
$50,000 + $248,000
$298,000
2020
$7,062 (+110.6%)
$35,000 + $215,450
$250,450
2019
$3,353 (−2.3%)
$29,000 + $88,430
$117,430
2018
$3,431
$29,000 + $88,430
$117,430
2017
$3,431
$29,000 + $88,430
$117,430
2016
$3,428 (+13.9%)
$29,000 + $88,430
$117,430
2015
$3,009 (+5.0%)
$29,000 + $88,430
$117,430
2014
$2,866 (+0.3%)
$29,000 + $73,780
$102,780
2013
$2,856 (+0.4%)
$29,000 + $73,780
$102,780
2012
$2,845 (+0.7%)
$29,000 + $73,780
$102,780
2011
$2,825 (−28.3%)
2010
$3,942
2009
$3,942
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
6,382 Sq. Ft.
Year renovated
1989
Sq. Ft.
3,516
Year built
1969
Style
Multi-Family (5+ Unit)
County
Dallas County
APN
28088500180170000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 1, 2026.
MF-1
Multi Family-One Residential District
The Multi-Family-One Residential District (MF-1) is intended to allow for relatively low-density 12 units per net acre with the maximum units per building to be determined at the time of site plan review. Such uses should be located in areas where additional requirements for streets, utilities, drainage, and open space are met. The minimum unit size is 600 sq ft plus an additional 250 sq ft per each bedroom above 3 bedrooms. Minimum lot size to be 12,000 sq ft. Total number of one-bedroom units shall not exceed more than 60 Percent of all units in a complex. Such uses should be located in transitional type areas, between lower density single-family residential uses and higher density multi-family residential uses, and should be designed in an architecturally unified manner. These uses should not generate traffic through single-family neighborhoods and should be located adjacent to arterials capable of carrying the additional traffic. Multi-family developments are not a buffer between single-family and commercial uses, and should be properly buffered from non-residential land uses and traffic, or pollution and/or environmental hazards. Multi-family developments should provide basic amenity features prescribed in Appendix W, Section 3.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Educational/school
Fire house
Police station
Post office
Park & open space
Property details
Parking
Parking Information
Number Of Parking Spaces: 6
Open Parking Spaces: 0
Parking Features: Assigned, Covered
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 6
Bedroom Information
Bedrooms Total: 6
Fireplace Information
Fireplace Features: Wood Burning
Heating & Cooling
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Interior Features
Appliances: Electric Range, Refrigerator, Vented Exhaust Fan
Tax Legal Description: HOLIDAY HILL ESTATES BLK R TR 17 48.3X125.74
Unexempt Taxes: 3353
Financial Information
Buyer Financing: Cash
Capitalization Rate: 6.54
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water, Sidewalk
Energy Efficiency Features
Green Energy Efficient: Appliances
Location
HOA Information
Association Type: None
School Information
Elementary School: Eisenhower
Elementary School Name: Eisenhower
High School: Grand Prairie
High School Name: Grand Prairie
Middle Or Junior School: Adams
Middle School Name: Adams
School District: Grand Prairie ISD
Location Information
County Or Parish: Dallas
Country: United States
Directions: From I-30 exit NW 19th and go south. Stay on Hwy 161 service road to Hill Street. Go east under the underpass and get on the service road going north. Roman will be on your right.
Latitude: 32.75262900
Longitude: -97.02795200
Complex Name: Not in a complex
Subdivision Name: Holiday Hill Estates
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 3,516
Stories: 2.0
Lot Size: 6,382 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1969
Year Renovated: 1989
County: Dallas County
APN: 28088500180170000
Home facts updated by county records on Sep 1, 2026
Other
Documents & Disclosures
Doc Box Num Mls Documents: 2
Doc Box Num Private Documents: 0
Doc Box Num Public Documents: 0
Green Verification Information
Green Verification Count: 0
Listing Information
DOCBOX GUID: 77FC5AB2-7BC1-47B1-9329-A12ED7F9EB58
Listing Agreement: Exclusive Right To Sell
Listing Id: 14347548
Listing Key Numeric: 124265182
Mls Status: Closed
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 25
Possession: Closing/Funding
Seller Contributions: 0
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
URL Non Public 1: https://youtu.be/Cj28ysiUHiI
URL Non Public 2: https://youtu.be/NlVhUz4XrjU
Listing Date Information
Days On Market: 30
Cumulative Days On Market: 30
Close Date: 2020-06-30
Purchase Contract Date: 2020-06-19
Expiration Date Option: 2020-06-26
Listing Contract Date: 2020-05-20
Off Market Date: 2020-06-19
Price Change Timestamp: 2020-06-17T04:30:56.860
Status Change Timestamp: 2020-07-01T09:52:55.337
Listing Price Information
Original List Price: 325000.00
Previous List Price: 325000.00
List Price: 300000.00
RATIO Close Price By Lot Size Ac: 2041095.89041
RATIO Current Price By Lot Size: 2041095.89041
Around this home
Schools
Stephen F Austin Elementary School
Public PreK-5 • Assigned • 0.9mi
6/10
Digital Arts & Technology Academy at Adams Middle
Public 6-8 • Assigned • 0.8mi
4/10
Grand Prairie High School
Public 9-12 • Assigned • 1.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 22 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Grand Prairie, TX • 75050
Average low and high temperatures (°F)
56
37
67
45
78
56
79
62
84
67
92
76
94
77
95
78
91
71
86
65
73
54
64
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.