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$143,000

NAL Estimated Property Value

1606 Avenue B, Dallas, TX, 75203

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.72 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating GasHeating Gas
CoolingCooling
AppliancesGas Range, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size4,883 sqft

Building Information

Year Built1930
Stories1
Roof Type105

Land Information

APN00000458473000000
Land UseResidential
Legal DescriptionBLK 5908 TR 2 ACS 0.1121 INT202300173200 DD08252023 CO-DC 5908 000 00200 2005908 000
Census Tract021100
Assessed Land Value$75,000
Assessed Improvement Value$67,100
Assessment Year2025

About this property

Attention investors! This cozy house boasts an impressive lot and location! The large front yard features a lush lawn and the back yard includes several large trees with plenty of room for children or pets. The site is ideal with easy bus route access, near 35E with simple access to downtown Dallas, schools, shops, and dining. This cozy 2 bedroom, 1 bathroom house is IDEAL for those who are after a comfortable and convenient lifestyle. The home has several wonderful updates, including being recently repiped, fresh carpet has been added, as well as luxe laminate flooring. Imagine making this space your own, or continuing renovations and creating a very profitable rental income property. With private parking, tons of natural lighting, bright white walls, cabinet storage space, ceiling fans, AND a spacious, gated covered front porch- at this price, it doesn't get any better! Only 3 miles to the heart of Dallas, this property is the PERFECT LOCATION. Sold AS-IS.

Investor Tools

Property Icon
$143,000
Estimated Property Value
$97,996Estimated Mortgage Balance
$45,004Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$858 /month
Positive
Cash Flow Estimate:
$286 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,176
$142,100
2025
$75,000
$67,100
$142,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,176
$142,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$101,000
No
First
Sep 9, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,996
$45,004
31%
69%
$606/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$606/mo
+$959/mo
13.1%

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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1606 Avenue B | Property Details | No Agent List