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$162,160

NAL Estimated Property Value

7938 Lake June Road, Dallas, TX, 75217

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths4,063 Sq Ft
RetailRetail
Year BuiltBuilt in 1953

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete, Hardwood, Laminate, Tile

Exterior

Lot Size9,620 sqft

Building Information

Year Built1953
Stories2
Roof Type172

Land Information

APN00000561589000000
Lot Number13
SubdivisionDallas Gardens
Land UseCommercial
Legal DescriptionDALLAS GARDENS BLK B/6301 E24FT LOT 13 & ALL LOTS 14 & 15 LAKE JUNE & GARDEN VIEW INT202200324607 DD12222022 CO-DC 6301 00B
Census Tract009301
Assessed Land Value$24,050
Assessed Improvement Value$138,110
Assessment Year2025

About this property

This 9,127 square-foot retail space is located in the heart of Southeast Dallas. The property features three retail suites that can either be leased out separately as an investment or are all connected for an owner user opportunity. With good bones, the building allows a clean slate for a variety of uses. Featuring open floor plans throughout the different suites, small shop space with grade level doors within one suite and even a restaurant bar built-in to another suite, the property could become anything an investor or business would desire! Within a high traffic area, the property is centrally located between several major traffic routes including US-175, Loop 12, I-635, and I-20. Signage is available with 247 feet of frontage and over 80,000 vehicles per day in the surrounding area.

Investor Tools

Property Icon
$162,160
Estimated Property Value
$588,939Estimated Mortgage Balance
$162,160Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,178
$162,160
2025
$24,050
$138,110
$162,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,178
$162,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocity Commercial Capital Llc
Commercial
$595,000
No
First
Oct 14, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$588,939
N/A
0%
363%
$3,568/mo

City: Dallas

7938 Lake June Road | Property Details | No Agent List