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Owner Contacts

$204,000

1362 E Ann Arbor Ave, Dallas, TX, 75216

Off Market

3 Beds

2 Bath

1,100 Sq Ft

Single Family Residence

$190.91 / sqft

Built in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesOther

FlooringTile, Vinyl

Exterior

Lot Size6,623 sqft

Building Information

Year Built1960

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000344485000000

Lot Number2

SubdivisionBelmead

Land UseResidential

Legal DescriptionBELMEAD BLK P/4871 N PT LOT 2 50X136.3 INT202500042881 DD02282025 CO-DC 4871 00P 00200 2004871 00P

Census Tract005901

Assessed Land Value$80,000

Assessed Improvement Value$118,220

Assessment Year2025

About this property

ALL PROGRAMS AVAILABLE INCLUDING, OWNER FINANCING DOWN PAYMENT ASSISTANCE, ITIN, SELF EMPLOYED. 40 ft driveway with a separate, double care garage with remote opener and shed. Backyard is divided for pets with 2 gated areas. Patio offers additional parking options. Garage is insulated, drywall and painted and is easily able to turn into a second living area for guests or to lease. Home has new interior and exterior paint, new air conditioning unit, new roof, new electrical and plumbing. 3 bedrooms, 1 full bath and half bath with an open concept for kitchen and living area. All new flooring, new kitchen backsplash and counters! Great starter home or investment property. Turn key ready. Welcome Home.

Investor Tools

$204,000

Estimated Property Value

$180,000Estimated Mortgage Balance

$26,147Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,260 /month

Positive

Cash Flow Estimate:

$420 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$412/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,925

$198,220

2025

$80,000

$118,220

$198,220

Tax History

Year

Tax Paid

Assessed Value

2024

$3,925

$198,220

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texasbank

Conventional

$180,000

First

Feb 28, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$177,853

$26,147

12%

87%

$1,243/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,243/mo

+$729/mo

11.6%

Learn About the Market: Opportunity in Dallas

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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.

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