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$575,000

7321 Syracuse Dr, Dallas, TX, 75214

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,554 Sq Ft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,500 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APN00000397021000000
Lot Number18
SubdivisionUniversity Terrace Rev
Land UseResidential
Legal DescriptionUNIVERSITY TERRACE REV BLK T/5426 LT 18 INT202600055895 DD12232025 CO-DC 5426 00T 01800 1005426 00T
Census Tract007902
Assessed Land Value$500,000
Assessed Improvement Value$114,920
Assessment Year2026

About this property

Exceptional opportunity to build in the highly desirable Lakewood neighborhood! This cleared 0.17-acre lot offers an ideal setting for a custom home or new construction development. Located within the sought-after Lakewood Elementary attendance zone, the property enjoys a prime East Dallas location just minutes from White Rock Lake, the Dallas Arboretum, and Lakewood's popular restaurants, shopping, and entertainment. A rare opportunity for builders, developers, or buyers looking to create their dream home in one of Dallas' most established neighborhoods.

Investor Tools

$0Estimated Mortgage Balance
$647,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,882 /month
Positive
Cash Flow Estimate:
$1,294 /month

Interested in this property?

Raul Ruiz

Allie Beth Allman & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,192
$614,920
2026
$500,000
$114,920
$614,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,192
$614,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Home Loan Corp
Unknown
$91,700
No
First
N/A
Dec 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$647,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
4.1%

City: Dallas

7321 Syracuse Dr | Property Details | No Agent List