Street View

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$268,000

1339 Michigan Avenue, Dallas, TX, 75216

$302,030 ARV

Off Market

2 Beds

2 Bath

1,703 Sq Ft

Single Family Residence

$157.37 / sqft

Built in 1947

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Refrigerator

Exterior

Lot Size7,284 sqft

Building Information

Year Built1947

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000287311000000

Lot Number19

SubdivisionCresta Blanca Addn

Land UseResidential

Legal DescriptionCRESTA BLANCA ADDN BLK A-6/3755 LT 19 INT202300228324 DD11072023 CO-DC 3755 0A6 01900 2003755 0A6

Census Tract005400

Assessed Land Value$110,000

Assessed Improvement Value$167,940

Assessment Year2025

About this property

Property in the booming Cresta Blanca neighborhood or South Dallas. This home has great bones and is being sold As-is. Ideal for buy-and-hold strategy or leasing. Just South of the Dallas Zoo. Close to West Trinity Heights & Herndon Park. No seller repairs. Perfect for contractors or handymen. Spacious floor plan with potential to convert into a three bedroom, two bathroom home. Title setup with Republic Title Lakewood. Buyer to buy new survey. Convenient to highway 35 with quick access to Downtown, Trinity Groves, Bishop Arts, and future Southern Gateway Deck Park.

Investor Tools

$342,000

Estimated Property Value

$0Estimated Mortgage Balance

$143,439Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$302,030

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,052 /month

Positive

Cash Flow Estimate:

$684 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$492/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,196

$277,940

2025

$110,000

$167,940

$277,940

Tax History

Year

Tax Paid

Assessed Value

2024

$4,196

$277,940

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Portfolio Mortgage Corp

Conventional

$208,000

First

Nov 7, 2023

Dec 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$198,561

$143,439

41%

58%

$1,248/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,248/mo

+$317/mo

5.5%

Learn About the Market: Opportunity in Dallas

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 This Area