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Days7Days on Market
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$140,000

$155,000

4015 Shadrack Dr, Dallas, TX, 75212

On MarketInfo
Just AddedInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.04 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesGas Range

Exterior

Lot Size10,588 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000685132000000
Lot Number30
SubdivisionOlive-Dale
Land UseResidential
Legal DescriptionOLIVE-DALE BLK 5/7149 LT 30 VOL5697/380 DD120656 7149 005 03000 2007149 005
Census Tract010500
Assessed Land Value$120,000
Assessed Improvement Value$60,660
Assessment Year2025

About this property

Prime redevelopment opportunity in the heart of West Dallas! Situated on an oversized corner lot of nearly a quarter acre, this property offers incredible potential in one of Dallas' fastest growing and most sought-after redevelopment areas. The existing 2-bedroom home is being sold AS-IS, with the true value found in the land and future possibilities. Surrounded by new construction, revitalization projects, and significant investment throughout the neighborhood, this property is ideal for builders, investors, and developers looking to capitalize on the area's continued growth. Conveniently located just minutes from Downtown Dallas, Trinity Groves, Bishop Arts District, Uptown, Love Field Airport, the Medical District, and major highways including I-30 and I-35E. Whether you're planning a custom home, investment property, or your next development project, this lot provides the location, size, and opportunity to bring your vision to life. Cash sale only. No survey available. Don't miss your chance to secure a piece of West Dallas before values climb even higher, bring your offer today!

Investor Tools

Property Icon
$180,660
Estimated Property Value
$0Estimated Mortgage Balance
$180,660Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,084 /month
Positive
Cash Flow Estimate:
$361 /month

Interested in this property?

Gracie Vela

Vela Realty Group LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,492
$180,660
2025
$120,000
$60,660
$180,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,492
$180,660

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$180,660
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
10.4%

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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4015 Shadrack Dr | Property Details | No Agent List