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$292,000

1951 Angelina Dr, Dallas, TX, 75212

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.25 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, None
FlooringWood

Exterior

Lot Size6,445 sqft

Building Information

Year Built1946
Stories1
Roof Type105

Land Information

APN00000681133000000
Lot Number24
SubdivisionRoosevelt Manor 1st Inst
Land UseResidential
Legal DescriptionROOSEVELT MANOR 1ST INST BLK 9/7130 LT 24 INT202200291993 DD11092022 CO-DC 7130 009 02400 2007130 009
Census Tract010101
Assessed Land Value$161,130
Assessed Improvement Value$108,630
Assessment Year2025

About this property

Luxury Build Site in Rapidly Growing West Dallas Neighborhood! Positioned on a 6,447 SF lot in one of the city’s fastest-growing neighborhoods, 1951 Angelina Drive is ready for your next luxury build. This level, rectangular lot is surrounded by new construction and modern homes, making it an ideal site for a custom residence of approximately 4,500 SF or more. Located just minutes from Trinity Groves, Bishop Arts, Downtown Dallas, and major redevelopment projects, the area continues to see strong demand for high-end, contemporary living. The property has established utilities on site and is zoned SF, offering a streamlined path to construction. Existing structure is a tear-down — no access to interior — and the property is being sold for lot value only. With easy access to I-30, shopping, dining, and the vibrant West Dallas scene, this is your chance to create a standout home in a highly desirable location. Drive by and envision the possibilities today!

Investor Tools

Property Icon
$292,000
Estimated Property Value
$0Estimated Mortgage Balance
$292,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,863
$269,760
2025
$161,130
$108,630
$269,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,863
$269,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$292,000
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
8.1%

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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1951 Angelina Dr | Property Details | No Agent List