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B+

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Owner Contacts

$342,900

2228 Elmwood Boulevard, Dallas, TX, 75224

Off Market

2 Beds

2 Bath

1,333 Sq Ft

Single Family Residence

$257.24 / sqft

Built in 1953

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Gas Water Heater

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage

Lot Size9,221 sqft

Building Information

Year Built1953

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000337339000000

SubdivisionElmwood Add No 4

Land UseResidential

Legal DescriptionELMWOOD ADD NO 4 BLK 5/4758 40FT2 & 20FT3 INT202100291684 DD09272021 CO-DC 4758 005 00200 2004758 005

Census Tract006302

Assessed Land Value$95,000

Assessed Improvement Value$277,880

Assessment Year2025

About this property

Handsome 1953 red brick 2-2 Traditional style sited on an elevated lot along scenic Elmwood Boulevard. Fresh, crisp and move-in ready! Flexible floor plan with impressive good flow. Extensive hardwood and tile flooring throughout. Oak leaf motif crown molding highlights the formals. The original dining room serves as a light-filled home office-exercise space. The current dining room is quite large and features built-in shelving. The kitchen boasts a walk-in pantry, SS appliances, breakfast bar & tiled backsplash. Large backyard with trees, open patio, two car carport, rear auto-gate. Right around the corner from the Hampton DART station, only 1 mile to Tyler Station and 3 mi to all the fun in Bishop Arts!

Investor Tools

$372,880

Estimated Property Value

$0Estimated Mortgage Balance

$72,282Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,237 /month

Positive

Cash Flow Estimate:

$746 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$850/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,334

$372,880

2025

$95,000

$277,880

$372,880

Tax History

Year

Tax Paid

Assessed Value

2024

$8,334

$372,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$329,800

First

Sep 27, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$300,598

$72,282

19%

81%

$1,978/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,978/mo

$-6/mo

6.3%

Learn About the Market: Opportunity in Dallas

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