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$25,000

3703 Armor Drive, Dallas, TX, 75216

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,500 sqft

Land Information

APN00000511381000000
Lot Number15
SubdivisionSpring Dell
Land UseCommercial
Legal DescriptionSPRING DELL BLK C/6095 LT 15 INT202000334633 DD12012020 CO-DC 6095 00C 01500 2DA6095 00C
Census Tract008604
Assessed Land Value$70,000
Assessment Year2025

About this property

Commercial lot near the developing area of I-45. Zoning is CS, Commercial Services. Please, call city to verify uses and zoning. Seller will retain mineral rights.

Investor Tools

Property Icon
$70,000
Estimated Property Value
$0Estimated Mortgage Balance
$52,087Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,565
$70,000
2025
$70,000
N/A
$70,000
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,565
$70,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Butch Benavides
Purchase Money Mortgage
$20,000
No
First
Dec 1, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,913
$52,087
74%
26%
$120/mo

Learn About the Market: Opportunity in Dallas

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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.

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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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3703 Armor Drive | Property Details | No Agent List