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NoAgentList RatingHow are grades calculated?Info
Days63Days on Market
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$360,000

$399,999

1831 Alabama Avenue, Dallas, TX, 75216

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths1,364 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.93 / sqft
Year BuiltBuilt in 1931

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Refrigerator

Exterior

Lot Size7,540 sqft

Building Information

Year Built1931
Stories2
Roof Type105

Land Information

APN00000280765000000
Lot Number9
SubdivisionTrinity Heights Addn No 1
Land UseResidential
Legal DescriptionTRINITY HEIGHTS ADDN NO 1 BLK 8/3599 LT 9 INT202500116175 DD06012022 CO-DC 3599 008 00900 2003599 008
Census Tract005400
Assessed Land Value$100,000
Assessed Improvement Value$302,770
Assessment Year2025

About this property

ACTIVE AIRBNB ON SITE! Discover the perfect blend of suburban tranquility and urban convenience in this stunning dual-living property, ideal for a savvy first-time buyer or an investor looking for a turnkey, high-yield asset. The main residence offers a spacious and light-filled 3-bedroom, 2.5-bathroom layout, providing plenty of room for comfortable living and entertaining. Just steps away, the property features a fully independent Detached Accessory Dwelling Unit (DADU) equipped with 1 bedroom, 1 bathroom, and a full kitchen—a proven cash-cow that is currently active and cash-flowing on Airbnb. Nestled in a peaceful neighborhood characterized by towering mature trees, you’ll enjoy a serene escape that remains just minutes from the vibrant energy of Downtown Dallas, the Dallas Zoo, and the lush greenery of Halperin Park. Whether you choose to live in the main house and let the DADU pay your mortgage or manage both as a premier investment, this property represents a rare opportunity to own a piece of Dallas that truly pays for itself.

Investor Tools

$296,988Estimated Mortgage Balance
$105,782Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,417 /month
Positive
Cash Flow Estimate:
$806 /month

Interested in this property?

Elias Canales

Competitive Edge Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$915/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,969
$402,770
2025
$100,000
$302,770
$402,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,969
$402,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeowners Financial Group Usa Llc
Conventional
$324,000
No
First
Jan 10, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,988
$105,782
26%
74%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,943/mo
+$29/mo
5.9%

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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1831 Alabama Avenue | Property Details | No Agent List