18Days on Market

1view

$300,000

$350,000

1609 Walmsley Avenue, Dallas, TX, 75208

On Market

Price Drop

0 Bath

Unimproved Land

Highlights

Interior

Bathrooms 0

Exterior

Lot Size36,562 sqft

Land Information

APN00000299032000000

Land UseResidential

Legal DescriptionBLK 3959 TR 9.1; ACS 0.8450 INT202300252174 DD12152023 CO-DC 3959 000 00900 2003959 000

Census Tract004300

Assessed Land Value$639,840

Assessment Year2025

About this property

Rare opportunity to invest or build your dream home on a private, wooded lot just under an acre with utilities available at the street. Located in the Trinity Groves neighborhood—minutes from the Bishop Arts District, Trinity Overlook Park, top dining and entertainment, and with easy access to Interstate 30. A serene setting with everything Dallas has to offer right at your doorstep. Lot is a great blank canvas for any single family home or cash flowing property.

Investor Tools

$0Estimated Mortgage Balance

$725,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,350 /month

Positive

Cash Flow Estimate:

$1,450 /month

Interested in this property?

Brian Weast

Keller Williams Rockwall

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,489/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,247

$639,840

2025

$639,840

N/A

$639,840

No

Tax History

Year

Tax Paid

Assessed Value

2025

$14,247

$639,840

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$725,000

100%

0%

$0/mo

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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