Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$215,790

1016 N Masters Drive, Dallas, TX, 75217

Off MarketInfo
Baths0 Bath
Baths1,524 Sq Ft

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size40,206 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000624418000000
Land UseResidential
Legal DescriptionBLK 6686 TR 4 ACS 0.923 INT201500051522 DD02092015 CO-DC 6686 000 00400 3006686 000
Census Tract011801
Assessed Land Value$113,750
Assessed Improvement Value$102,040
Assessment Year2025

About this property

Development opportunity with residential zoning, on just under 1 acre in growing area of Dallas! Being sold with the 1.9 acre lot that is side by side with this one, for a TOTAL of 2.82 acres! MLS # on second lot is 21167579 . Motivated Seller! Will look at offers. Two homes on property could be renovated or torn down. This property is near new construction and developments. Bring your new construction ideas and own a rare piece of property in a growing area of Dallas. Contact agent 2 for questions or info. Seller is selling the property as is.

Investor Tools

Property Icon
$215,790
Estimated Property Value
$0Estimated Mortgage Balance
$215,790Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,295 /month
Positive
Cash Flow Estimate:
$432 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,348
$215,790
2025
$113,750
$102,040
$215,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,348
$215,790

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$215,790
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
11.0%

Learn About the Market: Opportunity in Dallas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1016 N Masters Drive | Property Details | No Agent List