421Days on Market

1view

$285,000

211 W Pembroke Ave, Dallas, TX, 75208

On Market

Commercial

3 Beds

2 Bath

1,204 Sq Ft

Retail

$236.71 / sqft

Built in 1925

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

FlooringCeramic Tile, Wood

Exterior

Lot Size6,210 sqft

Building Information

Year Built1925

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000256990000000

Lot Number8

SubdivisionDallas Land And Loan 2

Land UseResidential

Legal DescriptionDALLAS LAND AND LOAN 2 BLK 70/3191 LT 8 INT201800265420 DD09272018 CO-DC 3191 070 00800 2003191 070

Census Tract005000

Assessed Land Value$200,000

Assessed Improvement Value$139,830

Assessment Year2025

About this property

Rare Opportunity Just South of the Bishop Arts District! Zoned Mixed-Use Don't miss this unique chance to own a charming 1925 Craftsman home with mixed-use zoning—perfect for both residential living and retail business! Located in a rapidly revitalizing neighborhood, the possibilities are truly endless. Enjoy a prime location within walking distance to the Texas Theatre, the vibrant Bishop Arts District, and the soon-to-be Southern Gateway Park. Even more exciting: the two adjacent lots at the corner of Zang Boulevard are also available! Purchase as a package for an incredible development opportunity. Property is being sold AS-IS.

Investor Tools

$212,152Estimated Mortgage Balance

$127,678Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,039 /month

Positive

Cash Flow Estimate:

$680 /month

Interested in this property?

Lorne Mcmillan

U B Local Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$510/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,425

$339,830

2025

$200,000

$139,830

$339,830

Tax History

Year

Tax Paid

Assessed Value

2024

$4,425

$339,830

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Lakeview Community Capital Llc

$244,901

Yes

First

Aug 21, 2019

Sep 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$212,152

$127,678

37%

62%

$1,469/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,469/mo

+$503/mo

7.0%

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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