1view

Owner Contacts

$230,300

NAL Estimated Property Value

1946 E Illinois Ave, Dallas, TX, 75216

Off Market

3 Beds

3 Bath

1,224 Sq Ft

Single Family Residence

$142.97 / sqft

Built in 1955

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesNone

Exterior

Lot Size10,445 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000454009000000

Lot NumberE

SubdivisionCedar Crest Country Club Estates Part 2

Land UseResidential

Legal DescriptionBLK 5857 LT E INT202500015436 DD01072025 CO-DC 5857 000 00E00 2005857 000

Census Tract008801

Assessed Land Value$70,000

Assessed Improvement Value$160,300

Assessment Year2025

About this property

Home being sold AS IS. Cash Only. Renovations have been started but not completed. Come turn this blank slate into a perfect home.

Investor Tools

$230,300

Estimated Property Value

$142,233Estimated Mortgage Balance

$88,067Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,382 /month

Positive

Cash Flow Estimate:

$461 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$504/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,895

$230,300

2025

$70,000

$160,300

$230,300

No

Tax History

Year

Tax Paid

Assessed Value

2024

$4,895

$230,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ada Daly

Unknown

$150,000

No

First

Jul 27, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$142,233

$88,067

38%

62%

$900/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$900/mo

+$1,072/mo

10.3%

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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