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$42,280

3531 Spence Street, Dallas, TX, 75215

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4,228 sqft

Land Information

APN00000143275000000
Lot Number9A
SubdivisionErvay Street Heights
Land UseCommercial
Legal DescriptionERVAY STREET HEIGHTS BLK 1/1184 PT LT 9A; 68.7X48X81X 65X47X80X36 I H 45 & COOPER INT202100020703 DD01212021 CO-DC 1184 001
Census Tract020900
Assessed Land Value$42,280
Assessment Year2025

About this property

Corner lot build site. Bring your entrepreneurial clients who are looking to build their business. Property is zoned PD 595 NC (Neighborhood Commercial). The adjacent lot can be sold as a package with this lot which would offer over 121 ft of frontage to I 45. Please verify with city for your specific needs and additional information.

Investor Tools

Property Icon
$42,280
Estimated Property Value
$0Estimated Mortgage Balance
$42,280Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$709
$42,280
2025
$42,280
N/A
$42,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$709
$42,280

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$42,280
100%
0%
$0/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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