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$115,000

4740 Cranfill Drive, Dallas, TX, 75216

On MarketInfo

About this property

Excellent opportunity to build near the heart of Dallas. Situated on a cleared corner lot, 4740 Cranfill Drive offers approximately 8,887 square feet of land with a level, open footprint ready for its next vision. The corner location provides added accessibility, flexibility and a sense of openness, with minimal adjoining neighbors and plenty of room to design a custom residence with generous outdoor space. Located just south of Downtown Dallas, the property offers convenient access to major thoroughfares including Loop 12 and I-45, making Downtown, employment centers, dining, entertainment and other parts of the city easily accessible. The surrounding area continues to see new construction and investment, creating an appealing opportunity for a builder, investor or buyer looking to secure land close to the urban core. With the site already cleared, much of the initial preparation has been completed, allowing the next owner to focus on plans for the property. Potential residential or multi-unit development opportunities may exist subject to zoning, permitting and City of Dallas approval. Seller financing may be considered. Buyer and buyer's agent to independently verify lot dimensions, zoning, utilities, building requirements, schools and all MLS information related to intended use.

Investor Tools

$0Estimated Mortgage Balance
$115,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /month

Interested in this property?

TJ Frank

Compass RE Texas, LLC.

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Financing Details

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

City: Dallas

4740 Cranfill Drive | Property Details | No Agent List