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Map
2170 Lovedale Avenue
About This Property
To streamline your vision and planning process, the sale includes professionally designed blueprints for a five-unit townhome development-giving builders and investors a significant head start toward execution.
The location is a standout feature. Just 6 minutes from Dallas Love Field Airport, 5 minutes from UT Southwestern Medical District, and only 10 minutes to Downtown Dallas, this property offers exceptional connectivity. Enjoy easy access to major highways including I-35E, Dallas North Tollway, and Loop 12, making commuting and future resale or rental demand attractive.
With flexible multifamily zoning, development plans included, and prime access to key employment hubs and transportation corridors, this is an excellent opportunity for developers and investors looking to capitalize on Dallas's continued growth.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$544,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by Listing Results, LLC | $550,000 | |
| Listed by Listing Results, LLC | |||
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | Listed by Better Homes and Gardens Real Estate, Winans | $430,000 | |
| Listed by Better Homes and Gardens Real Estate, Winans | |||
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Value is in the land. There is a duplex on the property. Tenants pay $800 per month on each side. Tenants are on a month-to-month lease. There are several new condo units and townhomes recently built on the street. Close to medical district, I-35 and Love Field airport. Seller will consider all reasonable offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017