Also look at the lots on HCAD as it shows an assessed value and market value. 

STR saturation is market specific so you could look for a market that has STR potential and do RA there.

If anyone knows of any multifamily deals available in the Dallas area or has insights into potential investment opportunities, I would love to hear from you.

It’s designed to save time and refine your search, making it easier to spot potential deals.If you’re interested, I’d be happy to share more about it and even offer you access to explore its features without any commitment.

Looking for insights on areas for investing on a townhome with potential appreciation and rental cash flow. 

When the cost was super low compared to the potential cash flow.

Your cellar appears to have potential based on its features like full-size windows and a separate entrance.You're on the right track!

The property is being sold as raw land below its tax-assessed value.

And talk to 5 recommended experienced property managers that will give you honest feedback on what homes will rent for in specific areas, potential problems, tenant base, etc.  

@Alexander Robert Wondoloski I think you'd find this book very helpful for evaluating potential properties.https://store.biggerpockets.com/products/real-estate-by-the-...