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$259,900

12215 Ortega St, Dallas, TX, 75253

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,575 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.02 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCeramic Tile

Exterior

Lot Size7,500 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00883300030140000
Lot Number14
SubdivisionReplat-Casa Loma
Land UseResidential
Legal DescriptionREPLAT-CASA LOMA ESTATES BLK 3/8833 LT 14 INT201400107277 DD04302014 CO-DC 8833 003 01400 4DA8833 003
Census Tract017101
Assessed Land Value$40,000
Assessed Improvement Value$200,690
Assessment Year2025

About this property

Renovation opportunity in southeast Dallas, priced for the work it needs. This single-story brick home offers 3 bedrooms, 2 baths and a 2-car garage on a generous fenced lot with mature shade trees. The vaulted-ceiling living area centers on a corner brick wood-burning fireplace and flows to a separate dining space beneath a tall arched window. Tile runs through the main living areas and kitchen; bedrooms have wood-look flooring. Kitchen offers oak cabinetry, pantry, stainless range, vent hood and dishwasher. Separate utility room with washer-dryer connections, utility sink and built-in shelving. Primary suite includes a walk-in closet and oversized step-in shower. Large backyard with wood privacy fencing and a double drive-through gate. Existing SURVEY PROVIDED BY SELLER. Sold AS-IS with known foundation issues, priced accordingly. Investors and owner-occupants alike welcome. Seller makes no repairs. Buyer to verify all information and inspect independently. roof was replace 2017, and HVAC unit replace 2020.

Investor Tools

$48,790Estimated Mortgage Balance
$229,210Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

Interested in this property?

Veronica Yeary

All City

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,359
$240,690
2025
$40,000
$200,690
$240,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,359
$240,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lehman Brothers Bank Fsb
Purchase Money Mortgage
$97,000
No
First
Jun 5, 2007
Jul 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,790
$229,210
82%
18%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.5%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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