A

NoAgentList RatingHow are grades calculated?

2view

$310,000

2039 S Farola Dr, Dallas, TX, 75228

Off Market

3 Beds

2 Bath

1,221 Sq Ft

Single Family Residence

$253.89 / sqft

Built in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave

Exterior

Lot Size7,166 sqft

Building Information

Year Built1951

Stories1

Roof Type105

Land Information

APN00000385597000000

Lot Number18

SubdivisionCasa View Heights

Land UseResidential

Legal DescriptionCASA VIEW HEIGHTS BLK 15/5372 LT 18 FAROLA DR INT202300123354 DD06222023 CO-DC 5372 015 01800 3005372 015

Census Tract012701

Assessed Land Value$60,000

Assessed Improvement Value$260,830

Assessment Year2025

About this property

Completely renovated and move in ready. Renovations include updated plumbing and electrical. New sheet rock texture and paint. All new plumbing and lighting fixtures. New kitchen cabinets, stainless steel appliances (gas range) and quartz countertops. New bathrooms include vanities and tile updates. Huge fenced back yard. Updated windows and doors and a new roof.

Investor Tools

$320,830

Estimated Property Value

$310,000Estimated Mortgage Balance

$21,122Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,925 /month

Positive

Cash Flow Estimate:

$642 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$731/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,171

$320,830

2025

$60,000

$260,830

$320,830

No

Tax History

Year

Tax Paid

Assessed Value

2024

$7,171

$320,830

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Navy Fcu

Conventional

$310,000

No

First

Jun 22, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$299,708

$21,122

6%

93%

$2,011/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,011/mo

$-39/mo

7.4%

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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