NoAgentList RatingHow are grades calculated?

6view

Owner Contacts

$452,000

NAL Estimated Property Value

115 N Adams Avenue, Dallas, TX, 75208

Off Market

2 Beds

2 Bath

1,270 Sq Ft

Duplex

$326.77 / sqft

Built in 1925

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Dryer, Gas Range, Refrigerator, Washer, Gas Water Heater

FlooringCeramic Tile, Wood

Exterior

Lot Size5,100 sqft

Building Information

Year Built1925

Stories1

Roof Type105

Land Information

APN00000255400000000

Lot Number9-10

SubdivisionDallas Land And Loan 2

Land UseResidential

Legal DescriptionDALLAS LAND AND LOAN 2 BLK 35/3155 PT LTS 9 &10 ACS 0.117 INT202100348330 DD08112021 CO-DC 3155 035 00900 2003155 035

Census Tract004700

Assessed Land Value$204,000

Assessed Improvement Value$202,160

Assessment Year2025

About this property

Super cute and super location! Full-Duplex, 2 blocks from Bishop Arts! Each unit has wood floors throughout and ceramic tile in kitchens and bathrooms. Full-sized washer, dryer, and appliances in each unit. Unit B 750 sq. ft has 1 bedroom and an office. Each unit has its own spacious and fenced backyard with an open wood deck, private electric gated entries with 2 tandem parking spaces on each side. Unit A has a 9 X 7 shed. Shared covered front porch. Roof 4 years old. Unit B- hot water heater September 2020. Nicely landscaped and well-maintained property. Property could also be converted into a single-family home! Only showing unit B. Unit A will be shown to serious buyers only.

Investor Tools

$452,000

Estimated Property Value

$276,327Estimated Mortgage Balance

$175,673Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,712 /month

Positive

Cash Flow Estimate:

$904 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$912/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,685

$406,160

2025

$204,000

$202,160

$406,160

Tax History

Year

Tax Paid

Assessed Value

2024

$8,685

$406,160

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Better Mortgage Corporation

Conventional

$303,750

First

Aug 11, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$276,327

$175,673

38%

61%

$1,822/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,822/mo

$-257/mo

4.2%

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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