Last 24 Hours
$1,945,420
NAL Estimated Property Value3780 Kennedale New Hope Rd, TX, 76060
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size58.90 acres
Land Information
APN33323---------7B--02
Lot Number7B
SubdivisionRaceway Estates Addition
Land UseAgriculture / Farming
Legal DescriptionRACEWAY ESTATES ADDITION LOT 7B LESS IMPROVEMENTS
Census Tract111405
Assessed Land Value$1,945,420
Assessment Year2025
About this property
17.92 acre tract sold. Wow! Almost 108 acres of land in Tarrant County close to highways and easy access to everything in the Metroplex. Property was previously the Texas Raceway in Kennedale and is now ready for new development. Selling as land only. Total property consists of 5 contiguous parcels. Current zoning is Commercial C-2 for approximately 90 acres and Residential R-3 for approximately 18 acres (parcel furthest to the north). Approximately 44% of the 108 acres is located in a floodplain. Could be a perfect property for many commercial uses and potentially SFR development.
Investor Tools
$1,945,420
Estimated Property Value
$0Estimated Mortgage Balance
$1,945,420Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,925 /month
Positive
Cash Flow Estimate:
$5,975 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$125
$1,945,420
2025
$1,945,420
N/A
$1,945,420
No
Tax History
Year
Tax Paid
Assessed Value
2024
$125
$1,945,420
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,945,420
100%
0%
$0/mo
12.4%