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$409,020

NAL Estimated Property Value

2022 Elmwood Blvd, Dallas, TX, 75224

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.45 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Gas Cooktop

Exterior

Lot Size7,368 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000337621000000
Lot Number13
SubdivisionElmwood Add No 4
Land UseResidential
Legal DescriptionELMWOOD ADD NO 4 BLK 7/4761 LT 13 INT202100039006 DD02052021 CO-DC 4761 007 01300 2004761 007
Census Tract006302
Assessed Land Value$95,000
Assessed Improvement Value$314,020
Assessment Year2025

About this property

Lovely Austin Stone home that sits high above the Blvd. Inside, you will find hardwood floors, 3 bedrooms, 2 bathrooms, an updated kitchen with granite countertops, updated fixtures and appliances with a sit-at bar which is open to the dining room, a living room, and a separate den. Outside wood deck and a patio in back for outside entertaining. Both bathrooms have granite countertops and updated tile and fixtures. The coveted Elmwood neighborhood is conveniently located in the heart of Oak Cliff, only minutes from the Bishop Arts District, shopping, restaurants, and within walking distance to the DART station at Hampton and Wright St. Ask for the application process (Online). 640 Credit Score Preferred 3x Rent Monthly Income Clean Background Check Pets- per case basis

Investor Tools

Property Icon
$409,020
Estimated Property Value
$203,665Estimated Mortgage Balance
$205,355Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$932/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,142
$409,020
2025
$95,000
$314,020
$409,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,142
$409,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$226,500
No
First
Feb 5, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,665
$205,355
50%
50%
$1,358/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,358/mo
+$614/mo
5.8%

City: Dallas

2022 Elmwood Blvd | Property Details | No Agent List