1Days on Market

4view

$300,000

3518 Linda Dr, Dallas, TX, 75220

On Market

Just Added

2 Beds

1 Bath

834 Sq Ft

Single Family Residence

$359.71 / sqft

Built in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesRefrigerator

Exterior

Lot Size9,378 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000523780000000

Lot Number4

SubdivisionWalnut Hill

Land UseResidential

Legal DescriptionWALNUT HILL ESTATES BLK 23/6144 LT 4 VOL2001193/12372 DD09262001 CO-DC 6144 023 00400 1006144 023

Census Tract009802

Assessed Land Value$280,000

Assessed Improvement Value$69,550

Assessment Year2025

About this property

INVESTOR & BUILDER OPPORTUNITY! Rare opportunity to acquire a 9,378 SF residential lot in highly desirable Walnut Hill Estates. The property is being offered for land value, making it an excellent opportunity for builders, developers, or investors looking to build in an established Dallas neighborhood. Prime location with strong redevelopment potential and convenient access to major thoroughfares, dining, shopping, and surrounding neighborhoods.

Investor Tools

$35,537Estimated Mortgage Balance

$314,013Estimated Equity

89% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,097 /month

Positive

Cash Flow Estimate:

$699 /month

Interested in this property?

Lillian Hassan

Standard Real Estate

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$310/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,968

$349,550

2025

$280,000

$69,550

$349,550

Tax History

Year

Tax Paid

Assessed Value

2025

$1,968

$349,550

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Principal Residential Mortgage Inc

Fha

$91,541

Yes

First

Jul 30, 2004

Aug 2034

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$35,537

$314,013

89%

10%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

N/A

+$1,565/mo

5.4%

Learn About the Market: Opportunity in Dallas

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 This Area