B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$250,000

2037 Lanark Ave, Dallas, TX, 75203

$253,710 ARV

Off Market

3 Beds

2 Bath

1,888 Sq Ft

Single Family Residence

$132.42 / sqft

Built in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, None

Exterior

Lot Size15,072 sqft

Building Information

Year Built1964

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000455332000000

SubdivisionCedar Crest

Land UseResidential

Legal DescriptionCEDAR CREST BLK 11/5868 LT 2 INT202300175975 DD08302023 CO-DC 5868 011 00200 2005868 011

Census Tract005500

Assessment Year2025

About this property

A True Diamond In The Rough. This home has an abundance of potential and needs work, which is reflected in the price. Located in walking distance to Cedar Crest golf course. Huge lot size which boast three large bedrooms and two full baths with formal living and dining. There is a sun room which would be great for entertaining or just a nice game room. Two modern sheds in the back yard to accommodate precious belongings. Investors, do not miss out on this rare opportunity. Roof needs to be replaced. There is no survey. Title has already been opened and home must close with Lawyers Title in Richardson, Tx. Seller will review all offers on Saturday Aug 19th at 5:30.

Investor Tools

$250,000

Estimated Property Value

$0Estimated Mortgage Balance

$250,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$253,710

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,500 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$550/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,345

$236,710

2025

N/A

$236,710

Tax History

Year

Tax Paid

Assessed Value

2024

$5,345

$236,710

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$250,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

N/A

+$1,972/mo

9.5%

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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