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$305,820

NAL Estimated Property Value

1961 Morris St, Dallas, TX, 75212

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,169 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.8 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringWood

Exterior

Lot Size6,651 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000680311000000
Lot Number9
SubdivisionVictory Gardens No 5 Sec 2
Land UseResidential
Legal DescriptionVICTORY GARDENS NO 5 SEC 2 BLK 32/7127 LT 9 INT202000006833 DD01072020 CO-DC 7127 032 00900 2007127 032
Census Tract010101
Assessed Land Value$166,280
Assessed Improvement Value$139,540
Assessment Year2025

About this property

Fall in love with this adorable, updated one-story home tucked away on Morris Street in Dallas. Featuring 3 bedrooms and 2 full bathrooms, this charming residence is filled with warmth, personality, and thoughtful design touches that make it truly special. Inside, aged hardwood floors add character and timeless appeal, while stylish accent walls in both the living and dining rooms create visual interest and a cozy, curated feel. The inviting layout flows effortlessly, making the home feel comfortable, welcoming, and easy to live in. The kitchen is a standout with its beautiful blue cabinetry, adding a pop of color and charm while complementing the home’s overall aesthetic. Updated finishes throughout provide a fresh, move-in-ready experience while still preserving the home’s unique character. Step outside to a peaceful backyard retreat—perfect for relaxing evenings, quiet mornings, or intimate gatherings. This serene outdoor space offers a sense of privacy and calm, ideal for unwinding at the end of the day. Whether you’re a first-time buyer or looking to downsize, this home delivers charm, comfort, and style in a fantastic Dallas location.

Investor Tools

Property Icon
$305,820
Estimated Property Value
$285,995Estimated Mortgage Balance
$19,825Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,835 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,457
$305,820
2025
$166,280
$139,540
$305,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,457
$305,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Housing Cor
Stand Alone Second / Subordinate Position
$7,954
No
First
Jan 8, 2020
Feb 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,995
$19,825
6%
94%
$1,726/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,726/mo
+$246/mo
7.7%

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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1961 Morris St | Property Details | No Agent List