1view

Owner Contacts

$1,750,000

NAL Estimated Property Value

2220 Mail Avenue, Dallas, TX, 75235

Off Market

3 Beds

2 Bath

1,310 Sq Ft

$328.24 / sqft

Built in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 1

Heating Central

Cooling

AppliancesGas Range

FlooringCeramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesStorage

Lot Size8,250 sqft

Building Information

Year Built2024

Stories4

Roof Type105

Land Information

APN00000214120000000

Lot Number5

SubdivisionT J Hoods Addition

Land UseResidential

Legal DescriptionJ T HOODS BLK D/2365 LT 5 INT202300041423 DD03032023 CO-DC 2365 00D 00500 1DA2365 00D

Census Tract000410

Assessed Land Value$390,000

Assessed Improvement Value$1,360,000

Assessment Year2025

About this property

Opportunity to build on 55X150 lot that has been zoned for MULTI-FAMILY. It is perfectly positioned in the rapidly changing Medical District. This property is 2 block from a city park which is a strong walkability score. It has easy access to I-35 or Dallas North Tollway, West Love Development, Uptown, Bachman Lake or Love Field. Downtown Dallas is only minutes away. Currently several residential developments are in the neighborhood. The home is a tear down - NOT available for viewing. Contact Agent to walk Exterior. CITY REQUIRES 8 INCH WATER LINE. PRICE REDUCED TO ACCOMMODATE CITY REQUIREMENT.

Investor Tools

$1,750,000

Estimated Property Value

$39,242Estimated Mortgage Balance

$1,710,758Estimated Equity

97% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,500 /month

Positive

Cash Flow Estimate:

$3,500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,428/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,381

$1,750,000

2025

$390,000

$1,360,000

$1,750,000

Tax History

Year

Tax Paid

Assessed Value

2024

$8,381

$1,750,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Washington Mutual Bank Fa

Unknown

$78,500

First

Feb 16, 2007

Mar 2027

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$39,242

$1,710,758

97%

$471/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,140/mo

$471/mo

+$1,669/mo

1.5%

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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