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$259,000

NAL Estimated Property Value

1502 Montague Ave, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,029 Sq Ft
price_per_sqft$251.7 / sqft
Year BuiltBuilt in 1931

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringVinyl

Exterior

Lot Size7,479 sqft

Building Information

Year Built1931
Stories1
Roof Type105

Land Information

APN00000318274000000
Lot Number4
SubdivisionGlendale Acres
Land UseResidential
Legal DescriptionGLENDALE ACRES 4/4345 PT LT 4 ACS 0.1717 (AKA 4A) LESS ROW INT202200315287 DD12142022 CO-DC 4345 004 04A00 2004345 004
Census Tract005901
Assessed Land Value$75,000
Assessed Improvement Value$70,210
Assessment Year2025

About this property

Completely remodeled corner lot home offering modern finishes, thoughtful upgrades, and exceptional functionality. Exterior highlights include a sliding metal side gate allowing convenient access and an oversized backyard, ideal for work vehicles, equipment storage, or additional outdoor use—making this property a great option for homeowners or business owners needing flexibility. This property has been fully gutted and rebuilt with no shortcuts taken. All major systems have been replaced, including new plumbing, electrical, HVAC system, roof, and pier & beam foundation work—providing peace of mind for the next owner. The interior features a bright, open layout with updated fixtures, finishes, and brand-new appliances throughout. The home offers three bedrooms and two full bathrooms, designed for both comfort and efficiency.

Investor Tools

Property Icon
$259,000
Estimated Property Value
$0Estimated Mortgage Balance
$259,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,984
$145,210
2025
$75,000
$70,210
$145,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,984
$145,210

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$259,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
7.3%

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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1502 Montague Ave | Property Details | No Agent List