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$318,220

NAL Estimated Property Value

1331 Engle Ave, Dallas, TX, 75224

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.74 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Water Heater, Microwave
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size9,078 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000485989000000
Lot Number36
SubdivisionSummit Lawn
Land UseResidential
Legal DescriptionSUMMIT LAWN BLK 1/6022 LT 36 ENGLE AND EDGEFIELD INT202300208479 DD10062023 CO-DC 6022 001 03600 2DA6022 001
Census Tract006301
Assessed Land Value$80,000
Assessed Improvement Value$238,220
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 1.5-bath home located just 9 minutes away from the vibrant Bishop Arts District. This beautiful residence showcases Austin stone exterior, adding to its curb appeal and timeless character. As you step inside, you'll be greeted by the elegance of hand-scraped original hardwood floors, which exude warmth and charm throughout the main living areas. This stunning home features granite countertops in the kitchen and restroom, LED lighting throughout the house, and elegant crown molding. The energy-efficient LED lighting creates a warm and inviting atmosphere, while the crown molding adds a touch of sophistication and charm to every room. The home features an extended driveway with a spacious 20x25 carport, providing ample parking space for your vehicles and offering convenience for you and your guests. The added security and privacy of an automatic gate and a 6ft and 8ft privacy fence create a sense of seclusion and peace of mind.

Investor Tools

Property Icon
$318,220
Estimated Property Value
$304,124Estimated Mortgage Balance
$14,096Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,010
$318,220
2025
$80,000
$238,220
$318,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,010
$318,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Fha
$319,113
Yes
First
Oct 6, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,124
$14,096
4%
96%
$1,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,914/mo
+$58/mo
7.4%

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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1331 Engle Ave | Property Details | No Agent List