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Owner Contacts

$337,000

1718 Berkley Ave, Dallas, TX, 75224

Off Market

3 Beds

2 Bath

1,113 Sq Ft

Single Family Residence

$2.16 / sqft

Built in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Refrigerator

FlooringCeramic Tile, Wood

Exterior

Lot Size8,571 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000338458000000

Lot Number19

SubdivisionElmwood

Land UseResidential

Legal DescriptionELMWOOD ADD NO 4 LOT 19 BERKLEY INT202200052400 DD02172022 CO-DC 4771 017 01900 2004771 017

Census Tract006302

Assessed Land Value$95,000

Assessed Improvement Value$191,790

Assessment Year2025

About this property

This 3-bedroom, 2-bathroom home is right in the heart of Elmwood, one of the most highly sought after neighborhoods in Oak Cliff and walking distance to the Elmwood Parkway. Completely renovated in 2017, it features all-new custom cabinets, granite countertops, and stainless-steel appliances, along with luxury details such as refinished hardwood floors. The home also has new exterior siding and low-energy windows that keep it cool in the summer. Bonus features include a shed and spacious backyard that’s great for entertaining.

Investor Tools

$337,000

Estimated Property Value

$256,500Estimated Mortgage Balance

$101,007Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,022 /month

Positive

Cash Flow Estimate:

$674 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$690/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,593

$286,790

2025

$95,000

$191,790

$286,790

Tax History

Year

Tax Paid

Assessed Value

2024

$6,593

$286,790

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$256,500

First

Feb 17, 2022

Mar 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$235,993

$101,007

29%

70%

$1,538/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,538/mo

+$434/mo

7.0%

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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