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$553,490

NAL Estimated Property Value

400 Lansing St, Dallas, TX, 75203

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,408 Sq Ft
DuplexDuplex
price_per_sqft$263.7 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size5,488 sqft

Building Information

Year Built1945
Stories1
Roof Type105

Land Information

APN00000250954000000
Lot Number3
SubdivisionOak Cliff Original
Land UseResidential
Legal DescriptionOAK CLIFF ORIGINAL BLK 76/3057 PT LT 3 200 FR 07 TH ST INT202400090777 DD05032024 CO-DC 3057 076 00300 2003057 076
Census Tract002002
Assessed Land Value$219,520
Assessed Improvement Value$333,970
Assessment Year2025

About this property

Cap Rate is 14.3% and a GRM of 7! Location, location! Less than 5 Minutes from Downtown Dallas! It doesn’t get much better than this. Located near the much-desired neighborhood of Bishop Arts, come experience the best of Dallas! 400 & 402 Lansing Street. Fully Furnished and Currently Being Used for Short-Term rentals. Average Monthly Income $7500. 2 bedrooms 2 FULL Bathrooms on Each Side 2023 Updates – Rebuilt on Slab Foundation, Interior Redone Including Electric Wiring and Panel, Separate Electric Meters for Each Unit, Fixtures, Plumbing, Tankless Water Heaters, Windows, HVAC, Interior Walls & Doors, Flooring & Roof. 2024 Updates – Smart Thermostat System, Smart Door Locks, Sount & Loud Noise Monitor System, Smoke Detector System, Updated Security Cameras & Home Security. Fully equipped Kitchens with beautiful features such as a spacious layout, quartz countertops, and a kitchen island with seating. Welcome to your home away from home! If you’re looking to explore everything from unique boutiques, restaurants, bars, and coffee shops to one-of-a-kind galleries and more, you’ve come to the right place! Conveniently located within walking distance to Bishop Arts, you'll find yourself overlooking downtown Dallas. Home to unique boutiques, restaurants, bars, coffee shops, and galleries, this is one of the most unique and coveted districts to be in! Settle in and spend some quality time with some of your favorite people! The Lansing Property Financials are in Documents.

Investor Tools

Property Icon
$553,490
Estimated Property Value
$398,010Estimated Mortgage Balance
$155,480Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,321 /month
Positive
Cash Flow Estimate:
$1,107 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,598
$553,490
2025
$219,520
$333,970
$553,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,598
$553,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rcn Capital Llc
Commercial
$418,328
No
First
Sep 1, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,010
$155,480
28%
72%
$2,509/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,509/mo
+$63/mo
5.6%

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.

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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400 Lansing St | Property Details | No Agent List