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$650,000

9429 Lenel Pl, Dallas, TX, 75220

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths970 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$670.1 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size9,000 sqft

Building Information

Year Built1947
Roof Type105
Garage Spaces1

Land Information

APN00000358843000000
Lot Number13
SubdivisionBerkshire
Land UseResidential
Legal DescriptionBERKSHIRE BLK 6/5085 LT 13 INT201000280027 DD10302010 CO-DC 5085 006 01300 1005085 006
Census Tract009401
Assessed Land Value$400,000
Assessed Improvement Value$54,750
Assessment Year2026

About this property

A rare and remarkable infill opportunity awaits in one of the region’s most coveted neighborhoods. Nestled among multi-million dollar homes and ongoing new development, this prime parcel serves as the ultimate blank canvas for a trophy custom build or high-end residential project. All property value resides in the location, lot depth, and surrounding market demand, making this an ideal acquisition for visionary custom builders or discernment-minded buyers. All utilities are available at the street, simplifying site prep and accelerating project timelines. Enjoy the best of lifestyle and convenience with immediate access to fine dining, boutique shopping, lush park systems, and vibrant city amenities. Property and existing home are sold as-is. Opportunities of this scale and caliber in this specific enclave rarely hit the market—secure your footprint in this premier neighborhood today!

Investor Tools

$5,915Estimated Mortgage Balance
$448,835Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,951
$454,750
2026
$400,000
$54,750
$454,750
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,951
$454,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shelter Mtg
Fha
$58,500
Yes
First
Aug 4, 1998
Aug 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,915
$448,835
98%
1%
$351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$351/mo
+$1,589/mo
5.1%

City: Dallas