1view

$299,900

3302 S Prairie Creek Road, Dallas, TX, 75227

$389,870 ARV

Off Market

Commercial

0 Bath

4,235 Sq Ft

Office

$70.81 / sqft

Built in 1960

Highlights

Interior

Bathrooms 0

FlooringCarpet, Vinyl

Exterior

Lot Size25,500 sqft

Building Information

Year Built1960

Stories1

Land Information

APN00000631543000000

Lot Number3A,3B

Land UseOther / Unknown

Legal DescriptionCLEO C BROWN BLK 6784 LTS 3A & 3B INT202100343972 DD11122021 CO-DC 6784 000 03A00 3006784 000

Census Tract012102

Assessed Land Value$12,750

Assessed Improvement Value$427,260

Assessment Year2025

About this property

Multiple opportunities on this one. An opportunity to own a building or use the lot for single family dwelling. Zoned single family with commercial improvements. Use has been a church. Owner recently installed a roof. Building has large area, baptismal font, two rooms that are easily divided, 2 offices, kitchen area and large eating area, 2 RR's. Easy access to 3 major freeways, 635, 175 and 30. A block from Buckner which is heavy commercial, retail, restaurants and traffic.

Investor Tools

$440,010

Estimated Property Value

$0Estimated Mortgage Balance

$246,278Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$389,870

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,640 /month

Positive

Cash Flow Estimate:

$880 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$183/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$440,010

2025

$12,750

$427,260

$440,010

No

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$440,010

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Stand Alone Second / Subordinate Position

$211,750

No

First

Nov 12, 2021

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$193,732

$246,278

55%

44%

$1,270/mo

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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.

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