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Days39Days on Market
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$2,500,000

2411 Butler St, Dallas, TX, 75235

On MarketInfo
CommercialInfo
Baths0 Bath
Baths5,640 Sq Ft
RetailRetail
Year BuiltBuilt in 1966

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size36,721 sqft

Building Information

Year Built1966
Stories1

Land Information

APN00000430444000000
Land UseCommercial
Legal DescriptionLANGLEY W G BLK 5755 LTS 2,3,4,25 & SW 157.5 OF LT 26 ACS 0.843 VOL95186/1318 DD09221995 CO-DC 5755 000 00200 2005755 000
Census Tract000401
Assessed Land Value$1,248,510
Assessed Improvement Value$1,000
Assessment Year2025

About this property

OVER Half an ACRE CORNER TRACT WIHTH MULTI-USE ZONING IN THE HIGHLY SOUGHT-AFTER UPTOWN MEDICAL DISTRICT GROWTH CORRIDOR! ONE OF THE BEST LAND VALUE OPPORTUNITIES CURRENTLY AVAILABLE IN THE UPTOWN MEDICAL DISTRICT DART CORRIDOR. PROPERTY HIGHLIGHTS: OVER ½ACRE CORNER PARCEL MULTI-USE ZONING CORNER FRONTAGE ON TWO STREETS UTILITIES AVAILABLE EXISTING MONTH-TO-MONTH TENANT PROVIDING CURRENT INCOME NO LONG-TERM LEASE RESTRICTIONS MINUTES FROM LOVE FIELD AIRPORT STRONG REDEVELOPMENT AND INVESTMENT POTENTIAL ADDITIONAL OPPORTUNITY: THE ADJACENT PARCEL AT 2415 BUTLER IS ALSO AVAILABLE FOR PURCHASE , CREATING A RARE ASSEMBLAGE OPPORTUNITY FOR A LARGER-SCALE DEVELOPMENT PROJECT. WHETHER YOU ARE PLANNING MULTIFAMILY, MIXED-USE, RETAIL, OFFICE, AUTOMOTIVE, OR OTHER COMMERCIAL DEVELOPMENT, THIS PROPERTY OFFERS A STRATEGIC LOCATION IN ONE OF DALLAS' MOST ACTIVE REDEVELOPMENT CORRIDORS WITH SIGNIFICANT UPSIDE POTENTIAL. FOR INVESTORS SEEKING IMMEDIATE CASH FLOW, THE CURRENT TENANTS ARE ON MONTH-TO-MONTH LEASES, PROVIDING FLEXIBILITY FOR FUTURE DEVELOPMENT OR OWNER OCCUPANCY. THE BUILDING HAS A HISTORY OF BEING CONFIGURED FOR THREE INDIVIDUALLY METERED TENANT SPACES, OFFERING THE OPPORTUNITY TO OPERATE YOUR OWN BUSINESS WHILE LEASING THE REMAINING PORTIONS OF THE BUILDING TO ADDITIONAL TENANTS. DON'T MISS THIS RARE CHANCE TO ACQUIRE A HIGH-VISIBILITY CORNER SITE IN ONE OF DALLAS' FASTEST-GROWING AND MOST DESIRABLE COMMERCIAL CORRIDORS.

Investor Tools

Property Icon
$1,249,510
Estimated Property Value
$110,000Estimated Mortgage Balance
$1,249,510Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /month

Interested in this property?

Fikru Tadesse

T. Custom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,839/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,823
$1,249,510
2025
$1,248,510
$1,000
$1,249,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$27,823
$1,249,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Faye L Frederick
Seller Carryback / Seller Financing / Seller Take-Back
$110,000
No
First
Sep 22, 1995
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,249,510
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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2411 Butler St | Property Details | No Agent List