Grand Prairie, TX

Property Management in Grand Prairie, TX | MRE
Service Areas · Dallas County

Property Management in Grand Prairie, TX

MRE Property Management manages rental homes in Grand Prairie, a city growing around EpicCentral, Joe Pool Lake and new communities such as Lakesong. We bring clear communication, thorough tenant screening and hands-on care to every property we service.

The Grand Prairie Veterans Memorial
209,434
Residents
U.S. Census Bureau, July 2025
$81,619
Median household income
ACS 2020–2024, in 2024 dollars
$1,629
Median rent paid
U.S. Census, ACS 2020–2024
$295,500
Median home value
ACS 2020–2024, owner occupied

Local data current as of October 2026. Figures reflect the most recent public releases available at that time.

About Grand Prairie

What makes Grand Prairie special

Grand Prairie stretches across four counties and offers some of the region’s most popular family attractions.

Named for the land

In 1877 the railroad renamed the town Grand Prairie for the vast prairie at its eastern edge.

Texas’s largest flea market

Traders Village has operated since 1973 and calls itself the largest flea market in Texas.

Year-round water fun

Epic Waters Indoor Waterpark opened in 2018 as one of the largest indoor waterparks in Texas.

Four counties, one city

Grand Prairie reaches into Dallas, Tarrant and Ellis counties, plus a small part of Johnson County.

Population Trend

Steady and established

Grand Prairie moved from 202,077 residents in 2022 to 209,434 in 2025, a change of 3.6% over three years.

Source: U.S. Census Bureau, Vintage 2025 City and Town Population Estimates, July 1 of each year.

202,077
203,872
207,515
209,434
2022
2023
2024
2025
Scale begins at 197,000 residents so year-to-year change is visible.
Renting vs. Owning

More than a third of Grand Prairie rents

41.3% of Grand Prairie homes are occupied by renters and 58.7% by their owners.

58.7% Own
41.3% Rent

Source: U.S. Census Bureau, American Community Survey 2020–2024, owner-occupied housing unit rate.

Growth & Jobs

What’s being built in Grand Prairie

1,000+

Modine data center cooling plant

Modine selected Grand Prairie for a production and assembly facility at 2100 Refuge Way that makes data center cooling equipment, with more than 1,000 new jobs at an average annual wage of $66,760.

5,000

Lakesong master-planned community

Lakesong, a 2,700-acre community near the southern tip of Joe Pool Lake, broke ground in November 2025 and plans about 5,000 single-family homes and 2,000 multifamily units, with first home sites expected in 2026–2027.

$327M

2026 bond program

Voters approved all three propositions in the May 2, 2026 bond election, authorizing $327 million for street improvements, city facilities and parks.

80 bays

Topgolf at EpicCentral

Topgolf opened an 80-bay venue at the EpicCentral complex on State Highway 161, its fifth location in Dallas-Fort Worth.

2026

BJ’s Wholesale Club opening

BJ’s Wholesale Club opened its Grand Prairie location at 1021 IKEA Way with a grand opening on May 15, 2026.

Worth Knowing

The full picture, not just the highlights

Owners make better decisions with complete information. These are the developments we keep an eye on.

Property tax rate above the no-new-revenue rate

For FY 2025–26, the city adopted a property tax rate of $0.66 per $100 of value, above the no-new-revenue rate of $0.636138, which the city describes as an effective 8.56% increase. For maintenance and operations, a $100,000 home pays about $24.40 more.

CNG blown film plant closing

Charter Next Generation is closing its Grand Prairie blown film plant, affecting 56 employees, with a WARN notice date of Nov. 30, 2026. The company says production will continue until Dec. 18, 2026 during the transition.

Attractions & Entertainment

Things to do in Grand Prairie

Epic Waters Indoor Waterpark

An indoor waterpark at EpicCentral, listed by USA TODAY among top indoor waterparks.

Lone Star Park

A horse racing facility with live racing seasons and simulcast wagering.

Traders Village

A weekend outdoor flea market at 2602 Mayfield Road with thousands of vendors, rides and an RV park.

Texas Trust CU Theatre

An indoor performance venue that hosts concerts and other events.

Lynn Creek Park

A park of about 784 acres on the northwest shore of Joe Pool Lake.

Prairie Lights

A seasonal holiday drive-through display about 2 miles long with more than three million lights.

Uptown Theater

A 1950 theater restored and reopened in 2008 in downtown Grand Prairie.

Eat & Gather

Where Grand Prairie gets together

Radici

EpicCentral · Wood-fired, Italian-inspired grill from Chef Tiffany Derry.

Vidorra

EpicCentral · Modern Mexican food and cocktails with waterfront views.

The Landing

EpicCentral · Gastropub and sports bar with a waterfront patio.

Chicken N Pickle

EpicCentral · Restaurant and entertainment complex with pickleball courts.

The Finch

EpicCentral · Waterfront American grill.

Asia Times Square

West Pioneer Parkway · Shopping and dining complex with Asian restaurants, bakeries and markets.

ITSO Vegan

Mayfield Rd. · Plant-based comfort food.

Schools

School districts serving Grand Prairie

Ratings below are the 2026 district ratings published by the Texas Education Agency. They are preliminary until TEA releases final ratings, scheduled for December 11, 2026.

B

Grand Prairie ISD

Score 80 · Serves most of the city in Dallas County

C

Arlington ISD

Score 78 · Serves the area west of the Dallas-Tarrant county line and north of Camp Wisdom Road and Lake Ridge Parkway

B

Mansfield ISD

Score 87 · Serves the area south of Camp Wisdom Road and Lake Ridge Parkway, west of Joe Pool Lake

Source: Texas Education Agency, 2026 A–F Accountability Ratings (preliminary, released August 14, 2026), via TXschools.gov. School assignments vary by address; confirm the assigned campus directly with the district.

Grand Prairie Questions

Grand Prairie property management, answered

Click any question to see the full answer.

Grand Prairie 4 Questions
Yes. We manage single-family and small multi-family homes throughout Grand Prairie.
Census data shows renters across all Grand Prairie rentals paid a median of $1,629 a month (American Community Survey 2020–2024), a figure that includes apartments and long-term leases. For your home, MRE prepares a free rental analysis using current MLS data and the rents achieved on homes we have managed, so your property is priced at its most marketable rent.
MRE offers several management plans, plus tenant placement only. Every fee is listed on our pricing page.
Every available MRE home is listed on our Rentals page. Applications are accepted only through our secure AppFolio portal.

Own a rental in Grand Prairie?

Let’s talk about what your property could earn and how we would care for it.

Schedule a Consultation

Nearby Areas We Service

Sources

Information current as of October 2026.

U.S. Census Bureau, Vintage 2025 City and Town Population Estimates · U.S. Census Bureau QuickFacts, American Community Survey 2020–2024 · Texas Economic Development Council: Modine selects Grand Prairie · City of Grand Prairie: Lakesong Community to Bring 5,000 New Homes to Grand Prairie · City of Grand Prairie: 2026 Bond Program · CultureMap Dallas: Topgolf EpicCentral Grand Prairie now open · City of Grand Prairie: BJ’s Wholesale Club Continues Texas Launch with Grand Prairie Opening · City of Grand Prairie: Adopted Budget FY26: What You Need to Know · Plastics Today: CNG Closes Texas Blown Film Plant, Affecting 56 Workers · City of Grand Prairie, Historical Recap · Texas Education Agency, 2026 A–F Accountability Ratings, TXschools.gov

Photo via Wikimedia Commons: Grand Prairie Veterans Memorial by Michael Barera (CC BY-SA 4.0).

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