3065 South Saint Augustine Road

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3065 South Saint Augustine Road

Dallas, TX 75253
Asking Price
$1.40M
Asset Type
Agricultural Land
Class
Class B

What's Special

Lakefront Residential Development Site in Dallas | 13.5 Net Developable Acres <p>±39.242 Gross Acres</p><p>±13.50 Net Developable Acres (±588,060 SF)</p><p>Located within Dallas city limits</p><p>Dallas ISD</p><p>Existing tie-ins to Phase 2 infrastructure</p><p>Frontage along Bronze Oak Terrace</p><p>Municipal water and sewer available</p><p>Large lake/pond amenity on-site</p><p>Potential premium water-view homesites</p><p>Generally level topography</p><p>Zoned A(A) Agricultural District</p><p>Future Single-Family Residential Development Opportunity</p><p>Convenient acces

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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