B+

NoAgentList RatingHow are grades calculated?

2528Days on Market

4view

$244,000

$249,000

1823 Michigan Ave, Dallas, TX, 75216

On Market

Price Drop

3 Beds

2 Bath

986 Sq Ft

Single Family Residence

$247.46 / sqft

Built in 1954

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesElectric Range

FlooringCeramic Tile, Wood

Exterior

Lot Size7,309 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000281881000000

Lot Number6

SubdivisionTrinity Heights

Land UseResidential

Legal DescriptionTRINITY HEIGHTS BLK 9/3631 LOT 6 INT201600326740 DD11182016 CO-DC 3631 009 00600 2003631 009

Census Tract005400

Assessed Land Value$110,000

Assessed Improvement Value$140,290

Assessment Year2025

About this property

Nothing needs to be done here - this house is move-in ready and located in a great neighborhood. Massive living room, good sized kitchen, and incredibly large backyard. The home actually feels much larger than it is, especially with such a large living room. Full-sized washer, dryer, and fridge will stay with property. No carpet anywhere -- hardwood floors or ceramic tile throughout. Prime location near the new deck park and close proximity to I-35 which takes you into downtown Dallas or Bishop Arts within minutes.

Investor Tools

$0Estimated Mortgage Balance

$272,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,632 /month

Positive

Cash Flow Estimate:

$544 /month

Interested in this property?

Chris Gonzales

Ebby Halliday, REALTORS

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$513/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,799

$250,290

2025

$110,000

$140,290

$250,290

Tax History

Year

Tax Paid

Assessed Value

2024

$4,799

$250,290

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$300,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

N/A

+$1,972/mo

8.7%

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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