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$355,000

NAL Estimated Property Value

1542 E Elmore Ave, Dallas, TX, 75216

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,940 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.52 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringWood

Exterior

Lot Size7,689 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000503314000000
Lot Number9
SubdivisionCedar
Land UseResidential
Legal DescriptionCEDAR CREST VILLAGE 1 BLK B/6075 LT 9 INT202300182110 DD09082023 CO-DC 6075 00B 00900 2006075 00B
Census Tract008801
Assessed Land Value$55,000
Assessed Improvement Value$300,000
Assessment Year2025

About this property

INNER CITY HAVEN!! Minutes from Downtown Dallas! A highly functional, contemporary home that defines the concept of modern living! Upon entrance, you are greeted by an extended 19x5 foyer which leads into the living area that flows seamlessly into the kitchen and dining area for those who love to entertain. The living area is complemented by faux wood beams and a stunning electric fireplace. Not to mention the gleaming hardwood floors throughout that add warmth and elegance. A sleek kitchen perfect for the frequent entertainer which features Custom Cabinetry, Stainless Steel Appliances, Luxurious Quartz Countertops, and a Jaw Dropping Waterfall Kitchen Island. The dining area is adorned by a beautiful accent wall. The Deluxe master bedroom retreat includes a lavish bathroom perfectly designed with a splendid freestanding tub and separate shower. All information contained herein deemed reliable but not guaranteed. Buyer(s) to verify all info including schools, sq ft, dimensions, etc

Investor Tools

Property Icon
$355,000
Estimated Property Value
$338,274Estimated Mortgage Balance
$16,726Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,704
$355,000
2025
$55,000
$300,000
$355,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,704
$355,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Purchase Money Mortgage
$6,971
No
First
Sep 8, 2023
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,274
$16,726
4%
95%
$2,132/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,132/mo
+$440/mo
8.7%

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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1542 E Elmore Ave | Property Details | No Agent List