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    Mixed-Use Development Land Opportunity Title is generated by Realmo AI

    1830 S Woody Road, Dallas, TX 75253

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    Picture of Residential land & home lots at 1830 S Woody Road, Dallas, TX
    For Sale
    $1,200,000

    LAND - Dallas, TX

    Lot size:
    17.13 Acres
    Added:
    Aug 19, 2025
    Days on Market:
    289
    Last Refresh:
    Jun 3 at 2:06 pm

    Property Features for 1830 S Woody Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    00000899806850000
    Lot size
    17.13 Acres

    Taxes and HOA fees

    Tax Description
    BLK 8812 TR 311 ACS 17.1300 (CALC) JURIS SPLI
    Tax Annual Amount
    8040

    We can help!

    Listing Contact
    Mani Jacob

    Listing agent Mani Jacob License #0480204

    Listing office Beam Real Estate, LLC Farmers Branch, TX

    Listing date Aug 19, 2025

    MLS# 21037029 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 21.8‑acre development land in Dallas County across three parcels
    • Zoned to allow a minimum of 5 single‑family homes and 5 condominiums
    • Parcel #00000899806850000 includes 17.13 acres
    • Parcel #65071683110270100 includes 4.756 acres
    • Parcel #65071683110270200 includes 0.0090 acres

    Overview

    An exceptional development opportunity awaits with this three-parcel land offering in Dallas County. The assemblage totals approximately 21.8 acres and is comprised of Parcel #00000899806850000 (17.13 acres), Parcel #65071683110270100 (4.756 acres), and Parcel #65071683110270200 (0.0090 acres). Zoning supports a minimum development plan of at least 5 single-family homes and 5 condominiums, offering flexibility for investor or developer-driven strategies.

    The property is located at 1830 S Woody Road in Dallas, Texas 75253. With the acreage and zoned intensity designed to accommodate both single-family and condominium product types, the site may appeal to parties looking to build a cohesive residential community rather than a single-use development. The parcel structure also allows for planning and phasing considerations based on the multiple components within the assemblage.

    For developers and investors, this site’s confirmed zoning framework is a key advantage, supporting residential infill consistent with the allowable product mix. Buyers seeking land with clear development potential may find the single-family and condo capacity especially useful when evaluating entitlement and project layout. If you’re looking for a commercially oriented land investment with room to design around multiple parcel components, this offering is worth reviewing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Collin
    State
    Texas
    Longitude
    -96.594348
    Latitude
    32.668492

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    FAQs

    What type of property is this?
    Residential land & home lot - Three-parcel site in Dallas County with zoning capacity for single-family homes and condominiums.
    Where is this residential land & home lot located?
    The property is located at 1830 S Woody Road Dallas, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 21.8‑acre development land in Dallas County across three parcels; Zoned to allow a minimum of 5 single‑family homes and 5 condominiums; Parcel #00000899806850000 includes 17.13 acres
    (972) 484-6644
    We can help!
    Listing Contact
    Mani Jacob
    Real Estate License ID: 0480204
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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