39Days on Market

1view

$595,000

2415 Butler Street, Dallas, TX, 75235

On Market

0 Bath

Highlights

Interior

Bathrooms 0

Exterior

Exterior FeaturesOther

Lot Size10,500 sqft

Land Information

APN00000430441000000

Lot Number1

Land UseCommercial

Legal DescriptionBLK 5755 LOT 1 & REAR 52.50 FT 26 BUTLER ST INT201800205425 DD07252018 CO-DC 5755 000 00100 2005755 000

Census Tract000401

Assessed Land Value$357,000

Assessment Year2025

About this property

10,500 SF vacant IR-zoned commercial lot in the Dallas Medical District. Previously used for customer parking. Near Parkland, UT Southwestern, and Children's Medical Center. Priced to sell with adjacent 2411 Butler, offering a unique assemblage opportunity for developers and investors seeking a larger redevelopment site.

Investor Tools

$357,000

Estimated Property Value

$0Estimated Mortgage Balance

$231,107Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,570 /month

Positive

Cash Flow Estimate:

$1,190 /month

Interested in this property?

Fikru Tadesse

T. Custom Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$811/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,949

$357,000

2025

$357,000

N/A

$357,000

No

Tax History

Year

Tax Paid

Assessed Value

2025

$7,949

$357,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Veritex Community Bank

Commercial

$150,000

No

First

Jul 25, 2018

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$125,893

$231,107

64%

35%

$900/mo

Learn About the Market: Opportunity in Dallas

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