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$290,000

3235 Elihu St, Dallas, TX, 75210

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6,500 sqft

Land Information

APN00000128077000000
Lot Number1
SubdivisionExposition Park
Land UseResidential
Legal DescriptionEXPOSITION PARK BLK 21/812 LT 1 ELIHU & 4TH INT202300075241 DD04172023 CO-DC 0812 021 00100 1DA0812 021
Census Tract020300
Assessed Land Value$97,500
Assessment Year2025

About this property

Strategically located within the Fair Park planned development district with access to the DART light rail station, Fair Park, Cotton Bowl and 5-minute commute to downtown, this vacant infill lot presents a perfect investment opportunity for a condominium & townhome development. The recent approval of Proposition A by Dallas voters will provide funding for the implementation of the Fair Park Masterplan and corridor revitalization in South Dallas. Comps for new construction condos on the adjacent lot are available and signal that Fair Park is positioned for a housing renaissance. Don't miss your opportunity to take part in the revitalization Fair Park!

Investor Tools

Property Icon
$290,000
Estimated Property Value
$0Estimated Mortgage Balance
$290,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,179
$97,500
2025
$97,500
N/A
$97,500
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,179
$97,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$290,000
100%
0%
$0/mo

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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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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3235 Elihu St | Property Details | No Agent List