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$738,750

303 Alamo Ave, Lake Dallas, TX, 75065

On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,955 Sq Ft
BusinessBusiness
price_per_sqft$250 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central

Exterior

Lot Size7,492 sqft

Building Information

Year Built1990
Stories1
Roof Type105

Land Information

APNR1040189
Lot Number1,A
SubdivisionO T Garza
Land UseReal, Commercial
Legal DescriptionO T GARZA BLK 11 LOT 1-A
Census Tract021411
Assessed Land Value$59,939
Assessed Improvement Value$193,563
Assessment Year2025

About this property

This investment sale of 303 Alamo Ave, a four-unit, 100% occupied multi-tenant retail strip center located in Lake Dallas, Denton County, Texas. The property offers qualified investors a stabilized, income-producing retail asset within one of the fastest-growing commercial real estate submarkets in the Dallas–Fort Worth Metroplex. The property is currently leased to four (4) established tenants representing a diversified mix of personal services, full-service dining, specialty retail, and quick-service food uses. All leases are structured as gross leases, with the landlord maintaining control over property expenses. Units A and B feature contractual step-up rent schedules, providing a clear and contractually assured path to increased net operating income without requiring new leasing activity. Units C and D provide stable, flat-rate income streams.

Investor Tools

$0Estimated Mortgage Balance
$253,502Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,433 /month
Positive
Cash Flow Estimate:
$1,478 /month

Interested in this property?

Grady Ray

UCRE-TX Real Estate Assc. LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,575
$253,502
2025
$59,939
$193,563
$253,502
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,575
$253,502

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$253,502
100%
0%
$0/mo

City: Lake Dallas

303 Alamo Ave | Property Details | No Agent List