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A+
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$206,270

2027 Lamont Ave, Dallas, TX, 75216

$226,572 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$74.4 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating GasHeating Gas
CoolingCooling
FlooringCarpet, Linoleum, Tile

Exterior

Lot Size7,150 sqft

Building Information

Year Built1930
Stories1
Roof Type105

Land Information

APN00000284600000000
Lot Number7
SubdivisionTrinity Heights 3
Land UseResidential
Legal DescriptionTRINITY HEIGHTS 3 BLK 29/3706 LT 7 VOL2003123/01250 DD06172003 CO-DS 3706 029 00700 2003706 029
Census Tract005500
Assessed Land Value$70,000
Assessed Improvement Value$136,270
Assessment Year2025

About this property

Here’s your opportunity to do a full rehab or tear down and start anew. Ideal for an investor or a handy craftsman. This property is currently zoned residential but the interior was altered to fit the needs of a church. The structure has 2 bathrooms, a kitchen, and 1600+ SF, or demo and start fresh. Some work was done on the roof, HVAC, women’s restroom, and some flooring in 2022. However, a lot of work is still needed on the interior and exterior. THE ELECTRICITY IS NOT ON IN THE PROPERTY! The Seller wants to sell this property and the vacant lot next to it at 2023 Lamont Avenue (MLS 21139759) as a bundle. The Seller has a survey showing both properties in TransactionDesk. This property is being sold As-Is, Where-Is. The Seller will not accept low-ball offers, offers that include owner financing, or offers of assignment. Both properties are in a great location to make a construction impact in the community. There are older homes and newer residential construction in the immediate area. The location is blocks away from major thoroughfares, a DART station, several places of worship, restaurants, and more. Buyer must provide proof of funds with their offer. Tons of possibilities await you. Don’t miss out on this one!

Investor Tools

Property Icon
$206,270
Estimated Property Value
$250,000Estimated Mortgage Balance
$0Estimated Equity
-21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$226,572
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,238 /month
Positive
Cash Flow Estimate:
$413 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,408
$206,270
2025
$70,000
$136,270
$206,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,408
$206,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thomas Harley Ong Ira
Purchase Money Mortgage
$250,000
No
First
Jan 28, 2026
Jan 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,552
N/A
0%
120%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,499/mo
+$66/mo
9.1%

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.

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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2027 Lamont Ave | Property Details | No Agent List