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Days35Days on Market
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$619,000

8819 Redondo Drive, Dallas, TX, 75218

On MarketInfo
Baths0 Bath
Baths1,517 Sq Ft

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,058 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces162

Land Information

APN00000372619000000
Lot Number15
SubdivisionShamrock Shores
Land UseResidential
Legal DescriptionSHAMROCK SHORES BLK 3/5287 LT 15 INT202500011906 DD01152025 CO-DC 5287 003 01500 3005287 003
Census Tract008102
Assessed Land Value$350,000
Assessed Improvement Value$197,790
Assessment Year2025

About this property

Build your dream home in one of Dallas’ most coveted neighborhoods—just steps from White Rock Lake! This prime Little Forest Hills lot has already been cleared, saving you time and expense, and is ready for construction. Surrounded by beautiful new builds, the 8,058 sq ft (0.18-acre) homesite offers the perfect canvas to create something truly special. Enjoy the best of East Dallas living with an unbeatable lifestyle—stroll to the Dallas Arboretum and Botanical Garden for concerts and seasonal events, grab dinner at Smoky Rose, or bike scenic trails around White Rock Lake. Nestled on a tree-lined street, this location combines natural beauty with convenience—just minutes from downtown Dallas and Love Field. A rare opportunity to build in an established neighborhood where charm, location, and lifestyle come together.

Investor Tools

$329,523Estimated Mortgage Balance
$218,267Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,714 /month
Positive
Cash Flow Estimate:
$1,238 /month

Interested in this property?

Becky Conley

Briggs Freeman Sotheby's Int'l

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,617
$547,790
2025
$350,000
$197,790
$547,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,617
$547,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$337,500
No
First
Jan 15, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,523
$218,267
39%
60%
$2,024/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,024/mo
+$56/mo
4.6%

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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8819 Redondo Drive | Property Details | No Agent List