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4803 Silver Avenue
About This Property
**An incredible opportunity for affordable homeownership!** This property is offered through the **Dallas Community Land Trust Program**, designed to make homeownership more attainable while preserving long-term affordability. Through this program, qualified buyers purchase the home and enter into a renewable 99-year ground lease for the land, allowing for a significantly lower purchase price.
**Maximum Household Income Requirements:**
- 1-person household: $65,760
- 2-person household: $75,120
- 3-person household: $84,480
- 4-person household: $93,840
**Owner-occupants only. Investors are not eligible.** Additional program eligibility requirements and restrictions may apply.
Don't miss this wonderful opportunity to achieve homeownership at an affordable price! Whether you're a first-time home buyer or simply looking for a place to call your own, this charming home could be the perfect fit. **Schedule your showing today!**
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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 15, 2026 | Listed by THE RIGHT REALTORS LLC | $224,000 | |
| Listed by THE RIGHT REALTORS LLC | |||
| Jun 17, 2026 | No longer available | - | |
| No longer available | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Listed by OnDemand Realty | $224,000 | |
| Listed by OnDemand Realty | |||
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Charming single-story brick home offering 3 bedrooms and 2 full bathrooms with a functional and comfortable layout. The home features a spacious living area and a dedicated dining room, perfect for everyday meals or entertaining guests. The kitchen offers a practical layout that makes cooking and gathering easy. The primary suite includes a bathroom with soaking tub and double sinks, providing added convenience and space. This well-maintained home is clean and move-in ready, offering a great opportunity for buyers to make it their own.
Affordable homeownership made possible through the Dallas Community Land Trust. In this program, buyers purchase the home while signing a 99 year renewable ground lease for the land, which keeps the price significantly lower and preserves long term affordability. Eligible buyers must be owner occupants, no investors and fall below the following maximum household incomes: $65,760 for one person, $75,120 for two, $84,480 for three, and $93,840 for four. A great opportunity for qualified buyers seeking stability and a path to long-term homeownership. Contact the listing agent for program details and next steps.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017