1Days on Market

7view

$250,000

3143 Hedgerow Dr, Dallas, TX, 75235

On Market

Just Added

3 Beds

2 Bath

1,760 Sq Ft

Single Family Residence

$142.05 / sqft

Built in 1948

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesNone

FlooringWood

Exterior

Lot Size7,425 sqft

Building Information

Year Built1948

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000212620000000

Lot Number14

SubdivisionCherrywood No 3

Land UseResidential

Legal DescriptionCHERRYWOOD NO 3 BLK A/2339 LT 14 INT202100265183 DD08262021 CO-DC 2339 00A 01400 1002339 00A

Census Tract000610

Assessed Land Value$250,000

Assessed Improvement Value$115,510

Assessment Year2025

About this property

Great opportunity in a convenient Dallas location near the Medical District, Oak Lawn and Love Field Airport. Situated on an approximately 55 x 135 residential lot, this property offers potential for renovation, rebuilding or new construction. The existing home sustained significant fire damage and is partially gutted. Property is being sold strictly AS IS, with the value primarily in the lot and location. Buyers should perform their own due diligence regarding the condition of the existing structure and the feasibility of renovation, rebuilding or new construction. Excellent opportunity for an investor, builder or buyer looking to create something new in an established area with convenient access to major thoroughfares, shopping, dining, the Medical District and Love Field. No Survey Available.

Investor Tools

$0Estimated Mortgage Balance

$566,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,396 /month

Positive

Cash Flow Estimate:

$1,132 /month

Interested in this property?

Juliette Bouchard

Paragon, REALTORS

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$914/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,139

$365,510

2025

$250,000

$115,510

$365,510

Tax History

Year

Tax Paid

Assessed Value

2025

$8,139

$365,510

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$521,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,140/mo

N/A

+$2,140/mo

4.5%

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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