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$715,000

8656 San Benito Way, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,582 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$451.96 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size17,173 sqft

Building Information

Year Built1938
Stories1
Roof Type105

Land Information

APN00000369697000000
Land UseResidential
Legal DescriptionBLK 9/5236 BLK 9/5236 LT 27 & 59' LT 17 VOL94218/0864 DD102494 CO-DALLAS 5236 009 01700 3005236 009
Census Tract008102
Assessed Land Value$437,500
Assessed Improvement Value$198,320
Assessment Year2025

About this property

Prime Development Opportunity in Little Forest Hills – 8656 San Benito Way Located in the heart of vibrant Little Forest Hills, 8656 San Benito Way presents a rare opportunity for builders, developers, or investors to bring their vision to life. This oversized corner lot offers exceptional dimensions—approximately 92 feet wide at the rear, 156 feet along Sanford Avenue, and 121 feet on San Benito Way—creating the perfect canvas for new construction. The existing structure is likely a tear-down, offering a clean slate for redevelopment. (Valued in the land not the structure) According to preliminary conversations with the city, the lot may be eligible for subdivision, pending verification based on neighboring buildings. This opens the door to endless possibilities, whether you're envisioning multiple custom homes or a single statement residence with expansive outdoor living. Set in the sought-after and eclectic Little Forest Hills neighborhood, known for its artistic charm, walkability, and close-knit community, the property is just minutes from White Rock Lake, the Dallas Arboretum, and a variety of dining, shopping, and outdoor recreation options. Opportunities like this don’t come around often—secure your footprint in one of East Dallas’s most character-rich communities. Buyer to verify all zoning, building, and subdivision requirements with the City of Dallas.

Investor Tools

Property Icon
$715,000
Estimated Property Value
$0Estimated Mortgage Balance
$715,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,094 /month
Positive
Cash Flow Estimate:
$1,698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,859
$635,820
2025
$437,500
$198,320
$635,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,859
$635,820

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$715,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
N/A
+$2,080/mo
3.5%

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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8656 San Benito Way | Property Details | No Agent List