8510 Catawba Road
About This Property
Tremendous building opportunity in the heart of Bluffview on this treed lot. 15,810 SF lot has large frontage and tranquil location across from one of the neighborhood's charming parks. Existing home on the property could be remodeled, but the value is in the land.
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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 |
|---|---|---|---|
| Nov 17, 2023 | No longer available | - | |
| No longer available | |||
| Nov 14, 2023 | Listed by Compass RE Texas, LCC | $1,650,000 | |
| Listed by Compass RE Texas, LCC | |||
| | |||
|
Rare opportunity to build in Bluffview Estates, a serene neighborhood with stunning natural beauty. As you walk along the rolling topography lined with lush trees, you forget that you’re in the heart of Dallas. This 15,284 sf well-treed lot with large frontage is across from one of the neighborhood’s charming parks. As a bonus, the buyer has full access to plans designed by renowned architect William Briggs and top designer Studio Thomas James for a 5-bedroom, 6,400 square foot home with a 3-car garage. These plans are ready for permitting. Whether you bring these plans to life or design on your own, seize one of the few remaining sites to build in luxurious Bluffview Estates.
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| Nov 2, 2023 | Price Decreased |
$1,650,000
↓ $150K
(8.3%) | |
| Price Decreased | |||
| Oct 1, 2023 | Listed by Compass RE Texas, LCC | $1,800,000 | |
| Listed by Compass RE Texas, LCC | |||
| | |||
|
Rare opportunity to build in Bluffview Estates, a serene neighborhood with stunning natural beauty. As you walk along the rolling topography lined with lush trees, you forget that you’re in the heart of Dallas. This 15,284 sf well-treed lot with large frontage is across from one of the neighborhood’s charming parks. As a bonus, the buyer has full access to plans designed by renowned architect William Briggs and top designer Studio Thomas James for a 5-bedroom, 6,400 square foot home with a 3-car garage. These plans are ready for permitting. Whether you bring these plans to life or design on your own, seize one of the few remaining sites to build in luxurious Bluffview Estates. The manager has listed the unit size as 2088 square feet.
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| Apr 28, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Northwest Dallas
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14538458
Details provided by NTREIS and may not match the public record
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