NoAgentList RatingHow are grades calculated?

45Days on Market

1view

$189,999

1919 E Ledbetter Drive, Dallas, TX, 75216

On Market

3 Beds

1 Bath

1,172 Sq Ft

Single Family Residence

$162.12 / sqft

Built in 1940

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Electric Range

FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage

Lot Size6,070 sqft

Building Information

Year Built1940

Stories1

Roof Type105

Land Information

APN00000319411000000

Lot Number4B

SubdivisionGlendale Acres

Land UseResidential

Legal DescriptionGLENDALE ACRES BLK M/4364 LT 4B LESS DART INT202200105431 DD04142022 CO-DC 4364 00M 04B00 2004364 00M

Census Tract005700

Assessed Land Value$75,000

Assessed Improvement Value$128,920

Assessment Year2025

About this property

Perfect opportunity for first-time homebuyers! This charming 3-bedroom, 1-bath home offers a functional layout with convenient washer and dryer connections. Enjoy a spacious, fully fenced backyard—ideal for pets, gatherings, or future outdoor projects. Located just two blocks from the DART station and less than a mile from the Dallas VA Medical Center, this home provides easy access to downtown Dallas and nearby amenities. While it could benefit from a few personal updates, it’s move-in ready and priced accordingly—making it a great value with plenty of potential to make it your own.

Investor Tools

$161,396Estimated Mortgage Balance

$42,524Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,224 /month

Positive

Cash Flow Estimate:

$408 /month

Interested in this property?

Rose Ruiz

OnTrack Realty LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$463/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,541

$203,920

2025

$75,000

$128,920

$203,920

Tax History

Year

Tax Paid

Assessed Value

2025

$4,541

$203,920

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Fha

$174,775

Yes

First

Apr 14, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$161,396

$42,524

20%

79%

$1,048/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,048/mo

+$924/mo

11.6%

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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