2Days on Market

4view

$240,000

206 Mazatlan Ave, Dallas, TX, 75232

On Market

Just Added

3 Beds

2 Bath

1,324 Sq Ft

Single Family Residence

$181.27 / sqft

Built in 2006

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size5,853 sqft

Building Information

Year Built2006

Stories1

Roof Type105

Garage Spaces1

Land Information

APN006633000A0120000

Lot Number12

SubdivisionVilla Del Mar

Land UseResidential

Legal DescriptionVILLA DEL MAR ESTATES BLK A/6633 LT 12 INT20070122411 DD03302007 CO-DC 6633 00A 01200 4DA6633 00A

Census Tract011002

Assessed Land Value$60,000

Assessed Improvement Value$210,450

Assessment Year2025

About this property

ALL UPDATED AND MOVE-IN READY! SHOWS GREAT! Freshly painted inside and out 2026. New roof 2026. New Low-E windows 2026 = Low bills for You! Light and inviting with high ceilings and an open floor plan. New Luxury plank vinyl flooring throughout, 2026. Kitchen has SS appliances and LED lighting. Spacious master suite with plenty of closet space. New window panes will be installed by Aug 28. Sorry for the delay.

Investor Tools

$59,439Estimated Mortgage Balance

$211,011Estimated Equity

78% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,623 /month

Positive

Cash Flow Estimate:

$541 /month

Interested in this property?

Dan Willems

RE/MAX DFW Associates

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$615/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,022

$270,450

2025

$60,000

$210,450

$270,450

Tax History

Year

Tax Paid

Assessed Value

2025

$6,022

$270,450

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Unknown

$120,402

First

Mar 30, 2007

Apr 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$59,439

$211,011

78%

22%

$722/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$722/mo

+$1,250/mo

8.7%

Learn About the Market: Opportunity in Dallas

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