$575,000
7321 Syracuse Dr, Dallas, TX, 75214
On Market
Just Added
Property Lead Type:
BankruptcyAbsentee OwnerHigh EquityVacant HomesMove-In Ready
Highlights
Interior
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
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%
