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$179,900

1631 Mcadams Avenue, Dallas, TX, 75224

$190,544 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,165 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.42 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range
FlooringCeramic Tile

Exterior

Lot Size7,215 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000339475000000
Lot Number23
SubdivisionEdgefield Heights
Land UseResidential
Legal DescriptionEDGEFIELD HEIGHTS BLK 10/4787 E 24' LOT 22 & W 29' LOT 23 INT202100085588 DD03112021 CO-DC 4787 010 02300 2004787 010
Census Tract006301
Assessment Year2025

About this property

RECENTLY RENOVATED! Come see this beautifully renovated craftsman-style home in the heart of Oak Cliff! Only minutes away from I-35, Kiest Park, and Bishop Arts District. This home is perfect for a family hoping to occupy OR an investor looking for a SFR rental! Seller has recently added modern luxury vinyl plank and over-sized contemporary tile flooring, granite countertops, as well as fresh paint throughout the entire house. This home also features an oversized master bedroom, walk-in pantry, and floor to ceiling windows in the living room. Garage is currently being used as a workshop, but can easily be cleaned out for parking.

Investor Tools

Property Icon
$259,810
Estimated Property Value
$0Estimated Mortgage Balance
$105,125Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$190,544
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,934
$259,810
2025
N/A
N/A
$259,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,934
$259,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Moria Development Inc
Conventional
$171,690
No
First
Mar 11, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,685
$105,125
40%
60%
$1,030/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,030/mo
+$942/mo
9.1%

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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1631 Mcadams Avenue | Property Details | No Agent List