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$319,000

NAL Estimated Property Value

2823 Peary Ave, Dallas, TX, 75215

Off MarketInfo
Baths2 Bath
Baths1,784 Sq Ft
price_per_sqft$202.31 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3,573 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00000323059000000
Lot Number33
SubdivisionLincoln Place
Land UseResidential
Legal DescriptionLINCOLN PLACE BLK 3/4432 LOT 33 INT202500135359 DD06262025 CO-DC 4432 003 03300 1004432 003
Census Tract020800
Assessed Land Value$35,730
Assessed Improvement Value$27,970
Assessment Year2025

About this property

Builders and investors, bring your plans to build out this vacant lot in Dallas. Located minutes from downtown Dallas and across the street from Peary Park, this flat lot is offers a great build site near the urban core. Approximate dimensions 40X90, 3,500 square feet. Area is being redeveloped. New homes sell in the low to mid $200,000. Sell is subject to court approval and requires 60 days to close. Lot will need a hard-money loan or cash. Agent and buyer to verify all information including but not limited to schools, lot dimensions, zoning, building requirements, and MLS data. Information is deemed reliable, but not guaranteed. Seller does not have a survey. Offer deadline: May 24, 2024 at 5:00 pm

Investor Tools

Property Icon
$319,000
Estimated Property Value
$355,383Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$479
$63,700
2025
$35,730
$27,970
$63,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$479
$63,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$347,310
Yes
First
Jun 26, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,383
N/A
0%
111%
$2,167/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,167/mo
$-195/mo
7.4%

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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2823 Peary Ave | Property Details | No Agent List