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$550,000

9432 Lenel Pl, Dallas, TX, 75220

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,176 Sq Ft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

About this property

Large 60x150 lot in sought after Midway Hollow. Street has a good amount of new construction already and is further along in transition. Existing home is being lived in, value is in the land. Do not walk the property without an appointment, occupied.

Investor Tools

$0Estimated Mortgage Balance
$342,717Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

John Weber

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

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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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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9432 Lenel Pl | Property Details | No Agent List