9400 Sandyland Boulevard
About This Property
Incredible opportunity for investors or buyers ready to add the finishing touches. Seller is unable to complete the permitting process-property is priced accordingly and ready for your vision. Situated less than 20 minutes from downtown Dallas, this 4.4-acre parcel boasts approximately 660 feet of frontage along the Lyndon B Johnson Freeway.
Nestled within a peaceful, established community, this land is the ideal canvas for your vision of a high-end estate, where modern elegance seamlessly blends with the beauty of nature. With planning and development approval already in place for an 11-lot subdivision with SF-10 zoning, the possibilities are endless.
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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 |
|---|---|---|---|
| Jan 19, 2026 | Listed by Fathom Realty | $650,000 | |
| Listed by Fathom Realty | |||
| Jan 16, 2026 | No longer available | - | |
| No longer available | |||
| Oct 2, 2025 | Price Decreased |
$650,000
↓ $100K
(13.3%) | |
| Price Decreased | |||
| Jan 15, 2025 | Listed by Fathom Realty | $750,000 | |
| Listed by Fathom Realty | |||
| | |||
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* Motivated Seller*
Calling all builders and investors! Here’s a rare, once-in-a-lifetime opportunity to develop a luxurious residential subdivision in a prime location that perfectly balances tranquility and convenience. Situated less than 20 minutes from downtown Dallas, this 4.4-acre parcel boasts approximately 660 feet of frontage along the Lyndon B Johnson Freeway.
Nestled within a peaceful, established community, this land is the ideal canvas for your vision of a high-end estate, where modern elegance seamlessly blends with the beauty of nature. With planning and development approval already in place for an 11-lot subdivision with SF-10 zoning, the possibilities are endless.
| |||
| Jan 23, 2023 | Sold | ||
| Sold | |||
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About Southeast Dallas
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Last Updated: 9 months ago
Data Source: NTREIS MLS, MLS# 21157876
Details provided by NTREIS and may not match the public record
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