B+

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Owner Contacts

$251,000

NAL Estimated Property Value

1112 Berkley Ave, Dallas, TX, 75224

Off Market

3 Beds

2 Bath

1,176 Sq Ft

Single Family Residence

$275.94 / sqft

Built in 1923

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Refrigerator

FlooringHardwood

Exterior

Lot Size7,744 sqft

Building Information

Year Built1923

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000313564000000

Lot Number4

SubdivisionElmwood

Land UseResidential

Legal DescriptionELMWOOD BLK 9/4270 LT 4 INT202200181487 DD06232022 CO-DC 4270 009 00400 2004270 009

Census Tract006302

Assessed Land Value$95,000

Assessed Improvement Value$152,100

Assessment Year2025

About this property

*JUST REDUCED* Welcome to this stunning home in the desirable Elmwood neighborhood of Oak Cliff! An ideal location, close to the nearby Bishop Arts district and within minutes of downtown. This charming 3 bedroom, 2 bathroom residence boasts beautiful hardwood floors throughout and multiple accent walls. The sleek, open kitchen features modern and updated features perfect for entertaining friends and sharing family meals. The primary suite offers a serene retreat with an updated bathroom featuring a refreshing walk-in shower. Two secondary bedrooms share a second updated bathroom. Enjoy the front yard views from the front porch and a large and shaded backyard that offers a one car garage and one carport space. This home is move in ready and perfect for those wanting both convenience and comfort.

Investor Tools

$251,000

Estimated Property Value

$222,308Estimated Mortgage Balance

$28,692Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,947 /month

Positive

Cash Flow Estimate:

$649 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$581/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,716

$247,100

2025

$95,000

$152,100

$247,100

Tax History

Year

Tax Paid

Assessed Value

2024

$5,716

$247,100

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Commercial Loan Corporation

Commercial

$234,447

First

Jul 31, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$222,308

$28,692

11%

89%

$1,406/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,406/mo

+$159/mo

7.5%

Learn About the Market: Opportunity in Dallas

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Dallas

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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