1view

Owner Contacts

$330,000

1219 Mcadams Ave, Dallas, TX, 75224

Off Market

3 Beds

2 Bath

1,396 Sq Ft

Single Family Residence

$236.39 / sqft

Built in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Gas Oven, Refrigerator, Washer

FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Grill

Lot Size7,598 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000486163000000

Lot Number19

SubdivisionSummit Lawn

Land UseResidential

Legal DescriptionSUMMIT LAWN BLK 5/6022 LOT 19 INT20230013142 DD07052023 CO-DC 6022 005 01900 2006022 005

Census Tract006301

Assessed Land Value$80,000

Assessed Improvement Value$241,190

Assessment Year2025

About this property

Great starter home! Beautifully updated 3 bed, 2 bath home. Close walk to Kiest park and many other amenities. Simple, modern design meets practical functionality. Original wood floors and plenty of natural light. Additional living area perfect for workout space plus cozy third bedroom could be home office. Updates include a roof replacement in 2014, new HVAC in 2021, energy efficient windows 2018-2019, complete interior paint 2023 and fence 2023. Stack washer, dryer and stainless refrigerator also included. 10 minute drive to Bishop Arts, Trinity Groves and Downtown Dallas. Come see it for yourself! No survey available. Buyer will need to purchase new.

Investor Tools

$321,190

Estimated Property Value

$313,500Estimated Mortgage Balance

$23,923Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,980 /month

Positive

Cash Flow Estimate:

$660 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$556/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,066

$321,190

2025

$80,000

$241,190

$321,190

Tax History

Year

Tax Paid

Assessed Value

2024

$5,066

$321,190

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Neighborhood Loans

Unknown

$313,500

First

Jul 5, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$297,267

$23,923

93%

$1,880/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,880/mo

+$92/mo

7.4%

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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