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Dallas 75235 Arlington Park
1230 Record Crossing Road
$300,000
● House - Off Market

1230 Record Crossing Road

Dallas, TX 75235
bedrooms
Studio
bathrooms
1 Bath, 1 Half Bath
square feet
3,400 Ft²
$303,008
RealtyHop Estimate
1.04%
Since Nov 1, 2022
TX-Dallas
Primary Model

About This Property

Currently a huge warehouse with office and half bath. City has re-zoned to single family or multi-family.  It has always been a commercial property, so commercial disclosure is attached, along with survey.  Buyer to pay for new survey if required.  Additional uses allowed by city is also attached.
Unit Size
3,400 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$88
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (NTREIS #20172897)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 27, 2022 Listed by Legacy Premier Group $299,900
Listed by Legacy Premier Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 17
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,800
  • Total Building Area: 3,360
  • Gross Building Area: 3,360
  • Building Area: 3,360
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 24
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 3
  • Property Class: I
  • Subdivision: ARLINGTON PARK ESTATES NO 4
  • Land Acres: 0000000156
  • Standard Land Use Code: 5003
  • County Land Use Code: F10-STWH
  • State Land Use Code: F10
  • Legal Description 1: BLK 5629 LT 7 INT202200282235 DD10282022 CO-DC 5629 000 00700 2005629 000

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 010001

Zoning

  • Zoning: Z239

Geography

  • Assessors Map Reference: 000004230040000
  • Account Number: 000004230040000
  • Parcel: 00-00042-300-400-0000
  • Block: 5629
  • Lot: 7
  • Municipality: DALLAS
  • Latitude: 32.8147
  • Longitude: -96.8631

    Address

  • Full Address: 1230 Record Crossing Rd
  • Address - House Number: 1230
  • Address - Street Name: Record Crossing
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Dallas
  • Carrier Code: C014
  • 4-Digit Zip Code: 6002
  • Zip Code: 75235

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $560,946
  • Tax Rate Code Area: DS

    Market Valuation

  • Market Total Value: $311,900
  • Market Land Value: $57,800
  • Market Improvement Value: $254,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,900
  • Assessed Land Value: $57,800
  • Assessed Improvements Value: $254,100

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 282235
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest Dallas

Stats & Trends

Median Asking:

$752,500

Sale Price/ft²

$337

Below Asking

0.03%

Average Days on Market

67

Average Home Size

2754 ft²

Average Home Age

35.1 years

Currently For Sale

642 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6418 Maple Avenue, Dallas, TX, 75235

$1,530 /mo

  • 1 Bed
  • 1 Bath
  • 641 ft²
6418 Maple Avenue #309, Dallas, TX, 75235 Listing by Taylor Farden
Unit for rent at 2232 Empire Central Drive, Dallas, TX, 75235

$1,599 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
2232 Empire Central Drive #225, Dallas, TX, 75235 Listing by Khiere Simmons

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Rebecca Cucovatz, Legacy Premier Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20172897
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1230 Record Crossing Road built and last sold?
The property at 1230 Record Crossing Road was built in 1996 and last sold on Oct 28, 2022 for $266,000.
How much is this home worth?
The estimated value of the home located at 1230 Record Crossing Road is $333,488.
What are some comparable homes to 1230 Record Crossing Road?
There are currently no comparable homes to 1230 Record Crossing Road.
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