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Days91Days on Market
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$218,500

1205 Lebanon Avenue, Dallas, TX, 75208

On MarketInfo
Baths0 Bath
Baths1,140 Sq Ft
Year BuiltBuilt in 1936

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling

Exterior

Lot Size21,314 sqft

Building Information

Year Built1936
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000312649000000
SubdivisionSuburban Home
Land UseResidential
Legal DescriptionSUBURBAN HOME BLK 4/4256 PT 25 VOL2000093/4740 DD05102000 CO-DC 4256 004 025 2004256 004
Census Tract005100
Assessed Land Value$187,500
Assessed Improvement Value$114,730
Assessment Year2025

About this property

Please do not approach the property or disturb the occupant. All showings and inquiries must be scheduled through the listing agent. Prime development opportunity in North Oak Cliff. Large 0.49 acre lot with an existing home currently occupied by the owner. The property is being marketed for land value and presents an excellent opportunity for builders, investors, or developers looking to redevelop or potentially subdivide the lot and build multiple homes. The existing structure was originally built in 1936 and will most likely be considered a teardown upon purchase depending on the buyer’s plans. Surrounded by ongoing redevelopment and new construction in the area, this nearly half acre lot offers strong potential for future development. Buyer to verify zoning, lot split potential, and development options with the City of Dallas. Property being sold as is.

Investor Tools

Property Icon
$302,230
Estimated Property Value
$0Estimated Mortgage Balance
$302,230Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,813 /month
Positive
Cash Flow Estimate:
$604 /month

Interested in this property?

Bryan Lynch

DHS Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$96
$302,230
2025
$187,500
$114,730
$302,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
$96
$302,230

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,230
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
6.2%

Learn About the Market: Opportunity in Dallas

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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

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1205 Lebanon Avenue | Property Details | No Agent List