25Days on Market

1view

$400,000

438 Mclean Avenue, Dallas, TX, 75211

On Market

Commercial

3 Beds

3 Bath

960 Sq Ft

Multi Family

Built in 1950

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Heating Central

Cooling

AppliancesElectric Cooktop, Electric Oven

FlooringCarpet, Vinyl

Exterior

Lot Size7,472 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Land Information

APN00000308464000000

Lot Number5

SubdivisionBagleys

Land UseResidential

Legal DescriptionBAGLEYS BLK 4/4178-1/2 LOT 5 INT201400323441 DD12122014 CO-DC 4178 004 00500 2004178 004

Census Tract006702

Assessed Land Value$115,000

Assessed Improvement Value$92,890

Assessment Year2025

About this property

Prime redevelopment opportunity near Bishop Arts! 438 McLean Ave and 3619 W. Jefferson Blvd are offered together, creating an L-shaped homesite totaling nearly 0.4 acres. Imagine the possibilities: remove the existing structure and build 2 custom dream homes, investment properties, or explore other development options in a rapidly changing Dallas area. The Jefferson lot features gorgeous mature trees, adding natural beauty and privacy. Lots must be sold together. Buyer and buyer’s agent to independently verify all information, including zoning, development requirements, platting, permitting, utilities, setbacks, codes, and allowable use.

Investor Tools

$0Estimated Mortgage Balance

$258,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,400 /month

Positive

Cash Flow Estimate:

$800 /month

Interested in this property?

Tonia Felczer

Tonia Felczer Top Dog RE & Mgt

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$390/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,395

$207,890

2025

$115,000

$92,890

$207,890

Tax History

Year

Tax Paid

Assessed Value

2025

$3,395

$207,890

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$258,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

N/A

+$1,972/mo

9.2%

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.

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