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1223 Walmsley Ave, Dallas, TX, 75208

1beds
--baths
1,220sqft
$280,000
$230price/sqft
$2,347/moest. monthly cost
$93,880/yrincome needed

About This Home

Some locations are convenient. Others are transformational. Walmsley is both. The Lot: An extremely rare opportunity to build your custom home on an oversized 65 x 150 lot (9,498 sq. ft.), complete with alley access for a rear-entry garage. South-facing front exposure provides warm afternoon light. North-facing rear yard allows comfortable outdoor living year-round. A buildable lot on Walmsley has not been publicly available in years. The Location: Strategic, Central, and Connected 6 blocks to Sylvan Thirty - 1.5 miles to Trinity Groves - 2.4 miles to Bishop Arts - 4.1 miles to the Dallas Arts District - Downtown in under 15 minutes - 1.4 miles to new Harold Simmons Park The Opportunity: The lot is offered exclusively for a custom build in collaboration with Martha McAnallen Homes & Design. Buyers may: • Utilize existing architectural plans with curated selections developed • Collaborate to modify the existing architectural plans and curated selections • Collaborate from the ground up to design a fully bespoke residence Work hand-in-hand with Martha McAnallen Homes to build your home, where light is intentional. Materials are honest. And space flows naturally toward outdoor living. Pre-Development Work Already Completed: Soil samples have been drilled, geotechnical groundwork is complete, architectural plans are substantially developed and ready to be finalized for permitting. Construction pricing will be determined following final plan adjustments, scope confirmation, and curated selections. The lot is exclusively for a custom build, requiring collaboration with Martha McAnallen Homes & Design to create a home that perfectly reflects your personality, priorities, and vision—down to the smallest detail. Please refer to the documents available in Transaction Desk.

Getting Around

53
WalkingSomewhat Walkable
40
TransitSome Transit
48
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1

Features

  • Other

Interior Area

  • Total interior livable area: 1,220 sqft

Living Room

  • Level: First
  • Dimensions: 10 x 10

Master Bedroom

  • Level: First
  • Dimensions: 10 x 10

Property

Details

  • Parcel number: 00000299347000000
  • Exclusions: This offering is for the lot only. Construction pricing to be determined based on final plans,scope confirmation,and curated selections.

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Chain Link

Lot

  • Lot size: 9,496 sqft
  • Features: Level
  • Lot size dimensions: 65 x 150

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

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

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hail
Tornado
Inland Flooding

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 $1,415$16,980
Home Insurance *$193$2,316
Property Taxes $501$6,012
Electricity $238$2,859
Total$2,347$28,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,468/yr
40% on housing$70,410/yr
45% on housing$62,586/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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 75208$234
Dallas County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 75208$288
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
2026-03-19Listed for sale$295,000
2020-10-15Listing removed$200,000
2020-10-05Pending sale$200,000
2020-09-21Listed for sale$200,000

For Sale by Agent

AgentMartha McAnallen
BrokerageCompass RE Texas, LLC.

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