5609 Santa Fe Ave, Dallas, TX 75214

$469,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$469,900
Status
ACTIVE
MLS#
21377533
Price Change
▲ $30,400 1791234818
Lot Size
9,800

Property Description

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.

Additional Information

Taxes
$8,074
Year Built
1930
School District
Dallas Isd
Elementary School
Mountaubur
High School
Woodrow Wilson
Middle School
Long
Sewer
Public Sewer
Street Name
Santa Fe Ave
Street Number
5609
Water
Public
Acres
0.23
County
Dallas
Lot Description
Subdivision

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lee Lamont from eXp Realty LLC. Contact: 214-418-2780

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: