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Days97Days on Market
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$200,000

3720 W Illinois Avenue, Dallas, TX, 75211

On MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3.83 acres

Land Information

APN006114000A0050000
Lot Number5
SubdivisionJnr Development Ph 2
Land UseCommercial
Legal DescriptionJNR DEVELOPMENT PH 2 BLK A/6114 LT 5 ACS 3.833 INT200900320350 DD11112009 CO-DC 6114 00A 00500 8DA6114 00A
Census Tract006502
Assessed Land Value$15,000
Assessment Year2025

About this property

Approximately 5-acre wooded tract located at 3720 W Illinois Ave in Dallas. The property is subject to a conservation easement held by the City of Dallas which restricts construction on the land. While not independently buildable, the tract may present an opportunity for a developer familiar with conservation easements to evaluate potential use as open space within a larger assemblage or future development concept. Located within the Dallas city limits with convenient access to Loop 12 and nearby commercial corridors. Buyer to verify all zoning, easement restrictions, floodplain conditions, and development possibilities with the City of Dallas.

Investor Tools

Property Icon
$15,000
Estimated Property Value
$0Estimated Mortgage Balance
$15,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Virginia Brees

MTX Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$34/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$335
$15,000
2025
$15,000
N/A
$15,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$335
$15,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$15,000
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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3720 W Illinois Avenue | Property Details | No Agent List