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$337,000

1331 Michigan Ave, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.23 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave
FlooringHardwood, Tile

Exterior

Lot Size7,276 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000287305000000
Lot Number17
SubdivisionCresta Blanca
Land UseResidential
Legal DescriptionCRESTA BLANCA BLK A6/3755 LOT 17 INT201900179114 DD07102019 CO-DC 3755 0A6 01700 2003755 0A6
Census Tract005400
Assessed Land Value$110,000
Assessed Improvement Value$187,110
Assessment Year2025

About this property

Every so often a home comes along that captures the spirit of North Oak Cliff in a single breath, and this darling Beckley Club adjacent bungalow does exactly that. Tucked among rolling hills where the neighborhood peacocks wander freely, this thoughtfully reimagined 3 bed, 2 bath charmer blends modern updates with the kind of character that makes you feel instantly at ease the moment you step inside. Light pours across the beautifully refinished hardwoods as you move through the bright living spaces, each room grounded by fresh paint, new windows and whimsical design touches. The kitchen is a total scene stealer, with its warm concrete countertops, open shelving, ample storage, and that dreamy corner window framing morning coffee in the prettiest way. Stainless appliances, a spacious walk-in pantry and direct access to the back deck make this space as practical as it is pretty. The primary suite is set apart for ultimate privacy and relaxation, wrapped in custom paneling and shiplap, and anchored by a serene en-suite retreat with double vanities and a walk-in shower. Two additional bedrooms each showcase charming bead board wainscoting and generous natural light, with a cozy full bath between them. Out back, a large wraparound deck invites you to dine under the twinkle lights, host friends, or simply enjoy a peaceful moment overlooking the oversized yard. Perennials and native plantings set the tone out front, while the attached single-car garage adds the everyday convenience you crave. Less than five minutes to the Dallas Zoo, Herndon Park, and the soon-to-open Halperin Park, this special home offers a sense of place that’s hard to find and even harder to leave.

Investor Tools

Property Icon
$337,000
Estimated Property Value
$235,600Estimated Mortgage Balance
$128,541Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,616
$297,110
2025
$110,000
$187,110
$297,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,616
$297,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$235,600
No
First
Jun 8, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,459
$128,541
38%
62%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,413/mo
+$559/mo
7.0%

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 Michigan Ave | Property Details | No Agent List