Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$439,500

5609 Santa Fe Ave, Dallas, TX, 75214

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,120 Sq Ft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling

Exterior

Lot Size9,191 sqft

Building Information

Year Built1930
Stories1
Roof Type105
Garage Spaces1

Land Information

APN000698000B36C0000
Lot Number36C
Land UseSingle Family Residences
Legal DescriptionLAMONT TRAIL BLK B/698 LT 36C 0.2110 INT201700281203 DD09292017 CO-DC 0698 B00 03700 3DA0698 B00
Census Tract001301
Assessed Land Value$275,730
Assessed Improvement Value$86,870
Assessment Year2025

About this property

DUPLEX ZONED LOT - BUILD. LIVE. RENT. INVEST. Rare vacant duplex lot in coveted 75214, already cleared and ready to build. Measuring approximately 50 x 182 feet and widening to roughly 55 feet at the rear, the property sits directly on the Santa Fe Trail and is believed to be the last available vacant lot along this stretch, surrounded by new construction. Attractive 8ft Board on Board new fencing on both sides, with steel posts installed by the neighboring new construction, provides a finished setting from day one. Just minutes from White Rock Lake, Lakewood Shopping Center and the best of East Dallas, with Deep Ellum and Downtown Dallas easily accessible in the opposite direction along the trail. Here’s the opportunity: build a duplex with rooftop terraces capturing potential Downtown Dallas skyline views. Live in one side and lease the other for a compelling house-hack strategy—or take it a step further: build both sides, lease both, hold as an income-producing investment and explore a cost-segregation strategy to accelerate depreciation and potentially create significant tax advantages. A rare opportunity to own the land, build new, generate income and create a long-term East Dallas investment. BUILD. LEASE. HOLD. INVEST.

Investor Tools

$0Estimated Mortgage Balance
$394,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,637 /month
Positive
Cash Flow Estimate:
$879 /month

Interested in this property?

Lee Lamont

eXp Realty LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,074
$362,600
2025
$275,730
$86,870
$362,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,074
$362,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$394,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
N/A
+$1,750/mo
5.3%

City: Dallas

5609 Santa Fe Ave | Property Details | No Agent List