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$310,000

3512 Wilhurt Ave, Dallas, TX, 75216

$403,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.9 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size20,094 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces2

Land Information

APN00000816454000000
SubdivisionFruitdale Acres
Land UseResidential
Legal DescriptionFRUITDALE ACRES 1 BLK 4/8617 TR 3 91.33X223 156.33FR HUMPHREY DR INT201900276177 DD10142019 CO-DC 8617 004 00300 2DA8617 004
Census Tract008701
Assessed Land Value$65,000
Assessed Improvement Value$282,310
Assessment Year2026

About this property

INCREDIBLE INVESTMENT OPPORTUNITY – UNFINISHED NEW CONSTRUCTION ON NEARLY HALF AN ACRE! Priced at just $310,000, this impressive approximately 2,900-square-foot, single-story home presents a rare opportunity for investors, builders, or buyers looking to complete a beautiful custom residence with tremendous equity potential! Situated on an expansive nearly HALF-ACRE lot, this thoughtfully designed home features 4 spacious bedrooms, 2.5 bathrooms, 2 generous living areas, an open kitchen, living and dining area, fireplace, soaring vaulted ceilings, and an attached 2-car garage. Built by a private family builder, substantial construction has already been completed, including the roof, exterior siding, windows, doors, framing, and spray foam insulation. The major structural shell is in place, allowing the next owner to bring their vision to life by completing the drywall, flooring, cabinetry, countertops, fixtures, appliances, paint, and final finishes. The attractive modern farmhouse exterior and dramatic interior ceiling heights provide the perfect foundation for a stunning finished home. The OVERSIZED LOT is another incredible highlight, offering abundant outdoor space with room for a future swimming pool, outdoor entertaining area, and more! Located in Dallas’ Fruitdale Acres area, this property offers convenient access to major Dallas thoroughfares and the amenities of the greater Dallas area, while providing the space and flexibility of a much larger residential lot. With a projected completed resale potential of $450,000+, this is an exciting opportunity to capitalize on a substantial value-add project. Whether you’re an investor seeking your next project, a builder looking for a head start, or a buyer wanting to customize your dream home, the possibilities are exceptional! SOLD AS-IS IN ITS CURRENT UNFINISHED CONDITION. Buyer to verify square footage, permits, construction status, completion costs, pool feasibility, and future market value.

Investor Tools

$41,309Estimated Mortgage Balance
$353,691Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$403,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

Interested in this property?

Kelly Inman

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,189
$347,310
2026
$65,000
$282,310
$347,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,189
$347,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nextlots Now Llc
Unknown
$48,000
No
First
Oct 14, 2019
Oct 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,309
$353,691
89%
10%
$288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$288/mo
+$2,284/mo
7.8%

City: Dallas

3512 Wilhurt Ave | Property Details | No Agent List