1708 Walmsley Ave, Dallas, TX
Locations
1708 Walmsley Ave, Dallas, TX
Descriptions
Sun Ray Asset Group acquired this prime West Dallas value-add opportunity for approximately $221,500 with a projected renovation and expansion budget of ~$140,000.
Projected ARV: ~$595,000
The business plan includes a full high-end renovation, adding approximately 300 sqft to the home, converting the property into a modern 4-bedroom, 2.5-bath residence, and preserving the oversized lot with the ability to potentially split the parcel into two buildable lots for future new construction or additional development upside.
Located minutes from Downtown Dallas, Trinity Groves, Bishop Arts, and the Margaret Hunt Hill Bridge, the property sits directly in one of Dallas’ fastest-growing redevelopment corridors. West Dallas continues to benefit from significant public and private investment, mixed-use developments, infrastructure improvements, and continued residential expansion.
- Strong acquisition price at ~$221,500
- Estimated ARV of ~$595,000
- Significant forced appreciation opportunity
- Ability to add value through square footage expansion
- Oversized lot with future lot split and new construction potential
- Located in a rapidly appreciating West Dallas redevelopment corridor
- Strong long-term appreciation and refinance potential
- High demand for renovated housing near Downtown Dallas
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Strategic Acquisitions, Disciplined Execution and Long-Term Growth
Build long-term wealth through strategic residential investments that grow over time.