Street View

B+

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1view

Owner Contacts

$214,000

2228 N Masters Dr, Dallas, TX, 75227

Off Market

3 Beds

2 Bath

1,037 Sq Ft

Single Family Residence

$130.18 / sqft

Built in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesElectric Range

FlooringCeramic Tile, Wood

Exterior

Lot Size5,500 sqft

Building Information

Year Built1984

Stories1

Roof Type105

Garage Spaces1

Land Information

APN0067720D000340000

Lot Number34

SubdivisionNantucket Village North

Land UseResidential

Legal DescriptionNANTUCKET VILLAGE NORTH BLK D/6772 LT 34 INT202000143927 DD05292020 CO-DC 6772 D00 03400 4DA6772 D00

Census Tract017605

Assessed Land Value$50,000

Assessed Improvement Value$144,360

Assessment Year2025

About this property

3 Bedrooms with 2 Baths, and 1 car rear entry garage, Great first home, water heather has been replace and recently painted.

Investor Tools

$214,000

Estimated Property Value

$132,554Estimated Mortgage Balance

$96,958Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,284 /month

Positive

Cash Flow Estimate:

$428 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$451/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,344

$194,360

2025

$50,000

$144,360

$194,360

Tax History

Year

Tax Paid

Assessed Value

2024

$4,344

$194,360

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Bank Financial

Fha

$132,554

Yes

First

May 29, 2020

Jun 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$117,042

$96,958

45%

55%

$795/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$795/mo

+$1,177/mo

11.1%

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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