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$367,000

2055 Chevella Dr, Dallas, TX, 75232

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,615 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.92 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,912 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN007570000D0040000
Lot Number4
SubdivisionEnchanted Villas
Land UseResidential
Legal DescriptionENCHANTED VILLAS BLK D/7570 LT 4 INT20070082656 DD02262007 CO-DC 7570 00D 00400 4DA7570 00D
Census Tract011101
Assessed Land Value$75,000
Assessed Improvement Value$217,860
Assessment Year2025

About this property

This lovely lease property is a beautiful 3-bedroom, 2.5-bathroom home located in Oak Cliff. Situated in a gated community, this interior lot offers a sense of security and privacy. The property features two spacious living areas, two dining areas, a game room, and a 2-car garage, providing ample space for comfortable living and entertaining. Inside, the home boasts elegant hardwood floors, granite countertops, and stainless steel appliances, including a gas stove. The high ceilings add to the sense of spaciousness and luxury.

Investor Tools

Property Icon
$367,000
Estimated Property Value
$111,404Estimated Mortgage Balance
$174,868Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,689
$292,860
2025
$75,000
$217,860
$292,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,689
$292,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Purchase Money Mortgage
$132,750
No
First
Feb 26, 2007
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,132
$174,868
47%
52%
$1,831/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,871/mo
+$701/mo
8.4%

Learn About the Market: Opportunity in Dallas

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Explore

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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2055 Chevella Dr | Property Details | No Agent List