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$1,945,420

NAL Estimated Property Value

3780 Kennedale New Hope Rd, TX, 76060

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

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

Property Icon
$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

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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

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Kennedale

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3780 Kennedale New Hope Rd | Property Details | No Agent List