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Owner Contacts

$269,000

NAL Estimated Property Value

1216 Ring St, Dallas, TX, 75223

Off Market

6 Beds

3 Bath

1,612 Sq Ft

Single Family Residence

$83.75 / sqft

Built in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6

Bathrooms Full 2

Heating Central

Cooling

AppliancesRefrigerator

Exterior

Lot Size9,250 sqft

Building Information

Year Built1987

Stories2

Roof Type105

Land Information

APN00000155125000000

Lot Number2

SubdivisionForemans

Land UseResidential

Legal DescriptionFOREMANS BLK A/1463 LT 2 RING ST 50' FR COLLIER INT202500071208 DD04042025 CO-DC 1463 00A 00400 1DA1463 00A

Census Tract002500

Assessed Land Value$111,000

Assessed Improvement Value$134,520

Assessment Year2025

About this property

Attention Investors -Great opportunity to own a 6 bedrooms, two story house in Dallas with No HOA and a huge lot!!! Ready for updates and upgrades. Convenient Location Close to shopping, public transportation, and major highways, offering unbeatable accessibility for future residents or renters. Sold as is-no repairs will be done. Opportunities like this don't last, muse see!!!

Investor Tools

$269,000

Estimated Property Value

$100,541Estimated Mortgage Balance

$168,459Estimated Equity

62% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,614 /month

Positive

Cash Flow Estimate:

$538 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$411/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$245,520

2025

$111,000

$134,520

$245,520

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$245,520

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Rock Mortgage Inc

Unknown

$97,850

First

Jul 3, 2007

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$100,541

$168,459

62%

37%

$1,174/mo

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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