452Days on Market

1view

$529,900

2142 Mail Ave, Dallas, TX, 75235

On Market

0 Bath

Unimproved Land

Highlights

Interior

Bathrooms 0

Exterior

Lot Size11,250 sqft

Land Information

APN00000214087000000

Lot Number4-5,5

SubdivisionJ T Hoods Addition

Land UseResidential

Legal DescriptionJ T HOODS BLK C/2365 LT 5 & NE1/2 LT 4 INT202400034473 DD02202024 CO-DC 2365 00C 00500 1002365 00C

Census Tract000410

Assessed Land Value$468,750

Assessment Year2025

About this property

Permitted Plans ~~ Build Ready ~~ sold with adjacent lot ~$1.06M total~ for 10 Condo units. Positioned on a quiet street that dead ends before Harry Hines, this lot is ready for your next Multi Family project. Located in the rapidly developing ~Lovefield West~ neighborhood near the Medical District and Love Field, this project is walking distance from Grauwyler Park and Brook Hollow Golf Club, as well as being minutes away from Uptown and Downtown Dallas. Plans are for a 5 unit condo building on each lot, with a shared driveway. Lot numbers are 4 & 5. Call to inquire.

Investor Tools

$468,750

Estimated Property Value

$1,388,327Estimated Mortgage Balance

$0Estimated Equity

-196% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,179 /month

Positive

Cash Flow Estimate:

$1,060 /month

Interested in this property?

Mark Dewey

West Residential Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$367/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,061

$468,750

2025

$468,750

N/A

$468,750

No

Tax History

Year

Tax Paid

Assessed Value

2024

$2,061

$468,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Interbank

Credit Line (Revolving) / Heloc

$412,500

No

First

Feb 20, 2024

Feb 2025

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,780,058

N/A

0%

380%

$10,798/mo

Learn About the Market: Opportunity in Dallas

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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.

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