B+

NoAgentList RatingHow are grades calculated?

2view

Owner Contacts

$487,000

NAL Estimated Property Value

1038 Cedar Hill Ave, Dallas, TX, 75208

Off Market

2 Beds

2 Bath

1,600 Sq Ft

Single Family Residence

$231.19 / sqft

Built in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesElectric Range

FlooringCeramic Tile, Wood

Exterior

Lot Size6,356 sqft

Building Information

Year Built1925

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000264199000000

Lot Number5

SubdivisionMiller & Stemmons

Land UseResidential

Legal DescriptionMILLER & STEMMONS BLK 33/3353 N PT LT 5 INT202100238222 DD08052021 CO-DC 3353 033 005 2DA3353 033

Census Tract004201

Assessed Land Value$317,800

Assessed Improvement Value$122,440

Assessment Year2025

About this property

A well-established INCOMING PRODUCING property in North Oak Cliff. A rented duplex and garage apartment all with their own addresses. Approx 800' per side on the duplex and 400' in the garage. They all have many updates as well as lots of original charm to them. A super location close to Bishop Arts, major freeways, Sherrill Park Golf Course and retail.

Investor Tools

$487,000

Estimated Property Value

$280,194Estimated Mortgage Balance

$206,806Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,922 /month

Positive

Cash Flow Estimate:

$974 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,023/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,840

$440,240

2025

$317,800

$122,440

$440,240

Tax History

Year

Tax Paid

Assessed Value

2024

$9,840

$440,240

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

V I P Mortgage Inc

Conventional

$308,000

First

Aug 5, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$280,194

$206,806

42%

58%

$1,847/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,847/mo

$-282/mo

3.9%

Learn About the Market: Opportunity in Dallas

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The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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