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815 Viola St, Dallas, TX, 75203

--beds
--baths
672sqft
$501,000
$746price/sqft
$3,991/moest. monthly cost
$159,640/yrincome needed

About This Home

An exceptional investment awaits in the heart of Dallas. This lot spans two adjoining parcels, both zoned for multifamily development, offering immense potential for future appreciation and high returns. Situated in a rapidly growing area with schools, amenities, and thriving businesses, this lot offers unmatched investment prospects.The multifamily zoning promises versatile development opportunities, ensuring substantial returns in Dallas's booming real estate market. As Dallas continues to evolve, this area is primed for future appreciation, making it an ideal investment for long-term gains. Enjoy easy access to highways and the DART public transport, appealing to renters and investors seeking convenience. 15 mins from downtown Dallas, 1 minutes from the Dallas Zoo, 7 minutes from Bishop Arts District, and the new Halperin Park that is being constructed. Agents please see private remarks for further info. FOR SALE AS IS!!

Getting Around

47
WalkingCar-Dependent
58
TransitGood Transit
30
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1945

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Features

  • Other

Interior Area

  • Total interior livable area: 672 sqft

Property

Details

  • Parcel number: 00000253654000000
  • Exclusions: All personal items in house

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 6,664 sqft

Parking

  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hail
Tornado
Inland Flooding
Ice Storm
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,533$30,396
Home Insurance *$311$3,732
Property Taxes $909$10,908
Electricity $238$2,859
Total$3,991$47,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$136,834/yr
40% on housing$119,730/yr
45% on housing$106,426/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$746This listing

vs Other Active Listings

Avg $/sqft

ZIP 75203$157
Dallas County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 75203$181
Dallas County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-27Listed for sale$501,000
2025-07-01Listing removed$501,000
2024-06-20Listed for sale$501,000
2024-06-18Listing removed--
2024-03-04Price change$501,000
2023-10-17Listed for sale$511,000

For Sale by Agent

AgentMihatta Konjan
BrokerageGO Real Estate

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