Why Live in Grand Prairie
Epic Waters Indoor Waterpark provides year-round family entertainment as the largest indoor waterpark in North Texas. The city features extensive recreational amenities including Lynn Creek Park on Joe Pool Lake, where residents enjoy boating and fishing across 7,500 acres of water. The Texas Trust CU Theatre hosts major concerts, while Lone Star Park draws crowds for live horse racing and entertainment events.
The Grand Prairie housing market includes diverse options across several neighborhoods. Single family homes in Mira Lagos have a median price of $569,500, while homes in CentrePort list at a median of $430,000. The Mountain Creek Townhomes area features townhouses with a median price of $195,000. One-bedroom condos throughout the city have a median price of $139,500, and two-bedroom condos list at a median of $169,500.
Property taxes in Dallas County, which includes much of Grand Prairie, stand at 1.68%. Texas has no state income tax, though residents pay a combined 8.20% sales tax rate. The city connects to Dallas and Fort Worth via the Trinity Railway Express station, with most residents utilizing personal vehicles for transportation. DFW International Airport lies 15-20 minutes away.
Local schools include the A-rated Cora Spencer Elementary and Grand Prairie Fine Arts Academy. The Mira Lagos neighborhood is served by the highly rated Mansfield Lake Ridge High School. Popular dining spots include The Finch, serving American cuisine, and Radici at EpicCentral for Italian fare. Shopping destinations include Grand Prairie Premium Outlets, Asia Times Square, and the weekend markets at Traders Village.
Home Trends in Grand Prairie, TX
On average, homes in Grand Prairie, TX sell after 77 days on the market compared to the national average of 69 days. The median sale price for homes in Grand Prairie, TX over the last 12 months is $454,900, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$454,900
Median Single Family Sale Price
$510,000
Median Townhouse Sale Price
$384,900
Average Price Per Sq Ft
$188
Number of Homes for Sale
41
Last 12 months Home Sales
256
Median List Price
$454,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%