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Days438Days on Market
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$81,000

1701 Fernwood Ave, Dallas, TX, 75216

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6,200 sqft

Land Information

APN00000278866000000
Lot Number1
Land UseResidential
Legal DescriptionBLK 3570 LOT 1 INT202200230022 DD08192022 CO-DC 3570 000 00100 2003570 000
Census Tract005500
Assessed Land Value$70,000
Assessment Year2025

About this property

This residential lot in the heart of South Dallas offers a unique opportunity to build your dream home or make a smart investment. Located in a vibrant, historically rich neighborhood, the property offers the perfect blend of convenience and potential. Seller does have architectural plans, foundation plans, a building foundation design letter, and an energy plans checklist, as well as a detailed schematic design set that can be shared with the future buyer if desired. With everything in place, this property is ready for its next phase of development. Don’t miss out on this exceptional chance

Investor Tools

Property Icon
$80,000
Estimated Property Value
$0Estimated Mortgage Balance
$80,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$486 /month
Positive
Cash Flow Estimate:
$162 /month

Interested in this property?

Joanna Hernandez

Cattell Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,565
$70,000
2025
$70,000
N/A
$70,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,565
$70,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$80,000
100%
0%
$0/mo

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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