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$352,590

NAL Estimated Property Value

1801 Michigan Ave, Dallas, TX, 75216

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,262 Sq Ft
price_per_sqft$97.26 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesElectric Oven, Gas Cooktop

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,651 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000281866000000
Lot Number1
SubdivisionTrinity Heights
Land UseResidential
Legal DescriptionTRINITY HEIGHTS BLK 6/3631 LT 1 MICHIGAN & IOWA INT201200073674 DD03122012 CO-DC 3631 009 00100 2003631 009
Census Tract005400
Assessed Land Value$110,000
Assessed Improvement Value$242,590
Assessment Year2025

About this property

Investor's dream, Fantastic potential. Corner lot with 4 bedrooms and large private yard in sought after neighborhood. This home is priced in as is condition. Seller will not make any repairs. No survey, buyer will need to buy one if needed.

Investor Tools

Property Icon
$352,590
Estimated Property Value
$0Estimated Mortgage Balance
$352,590Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,116 /month
Positive
Cash Flow Estimate:
$705 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,152
$352,590
2025
$110,000
$242,590
$352,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,152
$352,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aames Home Loans
Unknown
$65,000
No
First
N/A
Feb 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$352,590
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
8.8%

City: Dallas

1801 Michigan Ave | Property Details | No Agent List