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Days41Days on Market
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$229,900

3401 Wendelkin Street, Dallas, TX, 75215

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size9,966 sqft

Land Information

APN00000143026000000
Lot Number1
SubdivisionLockheed A S 2
Land UseResidential
Legal DescriptionA S LOCKHEAD BLK 5/1178 NW 71FT LT 1 WENDELKEN & WARREN INT201800144882 DD06042018 CO-DC 1178 005 00100 1DA1178 005
Census Tract020900
Assessed Land Value$99,660
Assessment Year2025

About this property

Prime development opportunity in the heart of the South Dallas growth corridor! Ideally located across from the MLK Arts Academy and just minutes from Downtown Dallas, Fair Park, and major transportation routes, this property offers exceptional potential in an area experiencing significant revitalization. The lot provides flexibility for the development, making it an ideal opportunity for builders and developers seeking a medium-sized urban residential project. Envision modern townhomes with private garages and contemporary finishes in a neighborhood where new investment and redevelopment continue to drive growth. Secure your place in one of Dallas' emerging communities and bring your next project to life.

Investor Tools

$2,519Estimated Mortgage Balance
$133,481Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Carolyn Herndon

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,219
$99,660
2025
$99,660
N/A
$99,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,219
$99,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hsj Capital
Unknown
$3,250
No
First
Dec 1, 2015
Jun 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,519
$133,481
98%
2%
$20/mo

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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3401 Wendelkin Street | Property Details | No Agent List