2830 Tanner Street
About This Property
Set on a generously landscaped 0.1260-acre lot in a neighborhood currently undergoing revitalization, this property is well suited for investors looking to do a high-return fix-and-flip, operate a turnkey long-term rental, or complete a custom value-add project. The interior layout is practical, with high ceilings, an open plan, and separate rooms. Outside, the large yard offers plenty of room for parking, storage, or exterior modifications and provides considerably more space and flexibility than other properties in the area.
A convenient location is a major advantage: the property is only a short distance from Downtown Dallas, Fair Park, Deep Ellum, and the Bishop Arts District, with easy access to major commercial areas, restaurants, shops, and regional entertainment facilities. Its proximity to major highways makes road travel throughout the Dallas-Fort Worth metroplex direct and efficient.
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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 27, 2026 | Price Decreased |
$155,000
↓ $10K
(6.1%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$165,000
↓ $10K
(5.7%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Redfin Corporation | $175,000 | |
| Listed by Redfin Corporation | |||
| Apr 22, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by United Real Estate | $120,000 | |
| Listed by United Real Estate | |||
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This property is located within minutes from downtown DALLAS and BISHOP ARTS! A GREAT INVESTMENT PROPERTY! Permits have been filed. It has been pre framed for a 3 bed 2 bath but buyer can still make modifications. Seller purchased property to finish building but was not able to complete it. Please do your due diligence. Property is being sold as is.
WE HAVE RECEIVED MULTIPLE OFFERS. PLEASE SEND YOUR HIGHEST AND BEST OFFER BY 5 PM FRIDAY 04-08
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017