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Archived over 5 years ago

$19,000

1 bd 1 ba 0 sqft

Jamaica, Dallas, TX 75210

Residential SFR

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Vacant lot in South Dallas Dirt Cheap

Purchase Price - $19,000

NPO - $140,000 on new constructionMonthly Rental - $1,300 p/mo on 4 bedroom new constructionVacant lot ready for development near Fair Park in Dallas. .147 Acre lot with 40 ft of frontage and 158 ft of depth. New Construction properties are selling up to $140,000. Take advantage of the price point and control your construction build costs to maximize return. Days On Market were generally low with most recent sold new construction selling in 17 and 19 DOM. You can also build to hold with no differed maintenance. Area comps support $1,300 per month in rent for new construction 4 bedroom property. 

Location:

Jamaica, Dallas, TX 75210

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.