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$264,950

NAL Estimated Property Value

2019 Lamont Ave, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,191 Sq Ft
price_per_sqft$235.1 / sqft
Year BuiltBuilt in 2023

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, Electric Range, Gas Range, Microwave
FlooringCeramic Tile

Exterior

Lot Size8,712 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00370600290050000
Lot Number5
Land UseResidential
Legal DescriptionTRINITY HEIGHTS 3 BLK 29/3706 LT 5 ACS 0.200 INT202300240901 DD11272023 CO-DC 3706 029 00500 4DA3706 029
Census Tract005500
Assessed Land Value$70,000
Assessed Improvement Value$194,950
Assessment Year2025

About this property

This beautiful home is currently being built with expected completion in late August! Gorgeous new home with an 11-foot ceiling in the living room, dining room, and 8-foot in the kitchen allows for plenty of natural light and space. The cozy open layout 3-bedroom 2 bath 2 car garage home is located just 10 minutes from Downtown Dallas and Fair Park. This home is perfect for a first-time home buyer.

Investor Tools

Property Icon
$264,950
Estimated Property Value
$425,874Estimated Mortgage Balance
$264,950Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,004
$264,950
2025
$70,000
$194,950
$264,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,004
$264,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inwood National Bank
Stand Alone Second / Subordinate Position
$223,059
No
First
Nov 27, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,874
N/A
0%
161%
$2,676/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,676/mo
$-704/mo
8.9%

City: Dallas

2019 Lamont Ave | Property Details | No Agent List