$202,000
●
Land -
Off Market
1037 Eldorado Avenue
Dallas, TX 75208
Studio
0 Bath
$235,743
RealtyHop Estimate
18.17%
Since Jul 1, 2021
TX-Dallas
Primary Model
About This Property
Incredible Prime LOCATION in the heart of Dallas!!! Great
Opportunity for development and ready for your dream home!
Located near The Bishop Arts district, minutes from downtown
Dallas, Trinity Groves, Methodist Hospital, and much more.
Property is unique as offers two accessed (Front & Rear).
Previous home has been torn down and is a rare opportunity.
Don't miss out on this beautiful gem to build your custom dream
home!
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2022
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (NTREIS #14599641)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by JPAR - Addison | $1,000,000 | |
| Listed by JPAR - Addison | |||
| | |||
|
Stunning new construction in prime location! Just a short walk to Bishop Art and Kidd Springs Park. Generous floor-plan with 5 Bedrooms, 4.2 baths & 2 large living areas. The house has 3 floors, 1st floor has the living & dining area, a kitchen with an oversized eat-in island, a dedicated home office & the large secondary bedroom with en-suite bath that would make a great second master or in-law suite. 2nd floor has the Master suite, 2 more bedrooms sharing a bathroom & an oversized family room with a balcony facing downtown perfect for entertaining!. 3rd floor has the game room or media room with its own full bath and closet. Close to amenities, restaurant's, unique coffee shops, and beautiful parks! The house is accessible from Eldorado Ave and Neches St. One side has a beautiful lit up staircase, and the other side has 2 electric motorized gates for car access. 3D floor plan available! Already appraised for $1,250,000 so you can enjoy more than $250,000 of instant equity!
| |||
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Oct 1, 2021 | Listed by Dave Perry Miller Real Estate | $285,000 | |
| Listed by Dave Perry Miller Real Estate | |||
| | |||
|
Prime LOCATION to build your dream home in the heart of North Oak Cliff near Bishop Arts, Lake Cliff Park, Trinity Groves, Downtown Dallas and Methodist Hospital. Previous house has already been cleared and ready for a new home. Unique lot has front and rear entry on Neches St and original front steps on Eldorado are still intact. Perfect opportunity to build! See recent survey in Documents.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southwest Dallas
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Listed by: Lydia Trevino, FDEZ REALTY
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14599641
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14599641
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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