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$275,280

NAL Estimated Property Value

2138 Custer Drive, Dallas, TX, 75216

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,714 Sq Ft
price_per_sqft$110.79 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Plumbed For Ice Maker

Exterior

Lot Size7,588 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN00000355216000000
Lot Number11
SubdivisionOak Cliff Gardens
Land UseResidential
Legal DescriptionOAK CLIFF GARDENS BLK 6/5020 PT LOT 11 CUSTER 100FR GLADEWATER 50X150 INT202300010501 DD01172023 CO-DC 5020 006 01100 2005020
Census Tract008703
Assessed Land Value$80,000
Assessed Improvement Value$195,280
Assessment Year2025

About this property

INVESTOR SPECIAL! Brand New HVAC installed 7-29-2021. Amazing income producing opportunity. Two units and both are 2 Bed 1 Bath with the larger unit being approximately 1,000 square feet, and currently rents for $995.00 a month. The smaller unit is approximately over 700 square feet, and currently rents for $695.00 a month. Tenant Lease Contracts will be provided upon request AFTER going under Contract. PRICED TO SELL - SERIOUS BUYERS ONLY PLEASE. Buyer or Buyers representative is responsible for verifying that all information listed is accurate - Seller or agent not responsible for inacurracies.

Investor Tools

Property Icon
$275,280
Estimated Property Value
$244,187Estimated Mortgage Balance
$31,093Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,652 /month
Positive
Cash Flow Estimate:
$551 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,919
$275,280
2025
$80,000
$195,280
$275,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,919
$275,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Fha
$260,200
Yes
First
Jan 17, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,187
$31,093
11%
89%
$1,561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,561/mo
+$1,011/mo
11.2%

City: Dallas

2138 Custer Drive | Property Details | No Agent List