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$344,000

NAL Estimated Property Value

1330 Michigan Ave, Dallas, TX, 75216

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,248 Sq Ft
price_per_sqft$272.36 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan
FlooringLaminate, Tile

Exterior

Lot Size7,997 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000287326000000
Lot Number4
SubdivisionCresta Blanca
Land UseResidential
Legal DescriptionCRESTA BLANCA BLK B6/3755 LT 4 INT202400192715 DD09232024 CO-DC 3755 0B6 00400 2003755 0B6
Census Tract005400
Assessed Land Value$110,000
Assessed Improvement Value$234,000
Assessment Year2025

About this property

Welcome to the beautifully renovated 1330 Michigan Ave, where peacocks grace the serene, tree-lined streets. This stunning home has been completely transformed down to the studs, with all-new electrical and plumbing systems. The spacious kitchen features granite countertops and brand-new stainless-steel appliances. Both the HVAC system and roof were replaced in 2024, ensuring modern comfort and efficiency. The guest bathroom offers a shower-tub combo, while the primary suite boasts double closets and a luxurious en-suite bathroom with a walk-in shower. The expansive backyard, complete with a covered patio, is perfect for entertaining. Ideally located just minutes from the Dallas Zoo, downtown Dallas, and the vibrant Bishop Arts District.

Investor Tools

Property Icon
$344,000
Estimated Property Value
$323,754Estimated Mortgage Balance
$20,246Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,229
$344,000
2025
$110,000
$234,000
$344,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,229
$344,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$333,680
No
First
Sep 23, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,754
$20,246
5%
94%
$2,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,001/mo
$-436/mo
5.5%

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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1330 Michigan Ave | Property Details | No Agent List