Street View

1view

$55,000

1607 Metropolitan Ave, Dallas, TX, 75215

$71,500 ARV

Off Market

3 Beds

3 Bath

1,730 Sq Ft

Unimproved Land

Built in 2024

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Heating Central

Cooling

Exterior

Lot Size3,950 sqft

Building Information

Year Built2024

Stories2

Roof Type105

Land Information

APN00000143734000000

Lot Number9-10

SubdivisionErvay Street Heights

Land UseResidential

Legal DescriptionERVAY STREET HEIGHTS BLK 3/1200 PT LTS 9 & 10 INT202300210030 DD10102023 CO-DC 1200 003 00900 1DA1200 003

Census Tract020900

Assessed Land Value$35,550

Assessed Improvement Value$250,490

Assessment Year2025

About this property

This lot provides a great opportunity for new construction options. Located within a 5 minute drive of Fair Park. Come check it out today!

Investor Tools

$286,040

Estimated Property Value

$304,000Estimated Mortgage Balance

$0Estimated Equity

-6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$71,500

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,716 /month

Positive

Cash Flow Estimate:

$572 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$171/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$618

$286,040

2025

$35,550

$250,490

$286,040

No

Tax History

Year

Tax Paid

Assessed Value

2024

$618

$286,040

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Tolleson Private Bank

Commercial

$304,000

No

First

Jun 13, 2025

Jul 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$299,101

N/A

0%

105%

$1,823/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,823/mo

+$149/mo

8.3%

Learn About the Market: Opportunity in Dallas

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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.

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