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$326,000

NAL Estimated Property Value

208 Landis St, Dallas, TX, 75203

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,690 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.12 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringTile

Exterior

Lot Size6,750 sqft

Land Information

APN00000253852000000
Lot Number3
SubdivisionBettertons Springhill
Land UseResidential
Legal DescriptionBETTERTONS SPRINGHILL BLK 3/3118 LT 3 INT202400250866 DD12102024 CO-DC 3118 003 00300 2003118 003
Census Tract021000
Assessed Land Value$81,000
Assessed Improvement Value$198,280
Assessment Year2025

About this property

Back on the market! *INCOME RESTRICTIONS* NEW CONSTRUCTION HOME THAT IS PRICED TO SELL! This beautiful home features 3 bedrooms, 2 bathrooms, 1680 sf, has an open floor plan, quartz island, luxury vinyl flooring and modern tile finish outs. Stainless steel appliances will be included in the home purchase. This home has a separate utility room, an open layout for entertaining your family and friends. WON'T LAST LONG! (Realtors - to learn more about the program please read offer instructions in Transaction Desk.) Purchase is restricted by income. Buyers must be qualified by the City of Dallas in order to purchase. Buyer household income must be between 61-80% AMI. Had to adjust the price to fit the 61-80% AMI profile...was at 81-120% AMI. CANNOT USE DHAP. Restrictive covenants will restrict the occupancy of the Affordable Housing Unit for five (5) years from the date the home is sold to a qualified buyer. We highly recommend using our preferred lender to ensure a smooth close.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$232,500Estimated Mortgage Balance
$93,500Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,961
$279,280
2025
$81,000
$198,280
$279,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,961
$279,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$238,500
No
First
Dec 10, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,500
$93,500
28%
71%
$1,430/mo

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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208 Landis St | Property Details | No Agent List