Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$234,640

2235 Babalos Lane, Dallas, TX, 75228

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.38 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Water Heater
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size8,659 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000725833000000
Lot Number29
SubdivisionHillview Terrace Section 2
Land UseResidential
Legal DescriptionHILLVIEW TERRACE SECTION 2 BLK 10/7376 LT 29 INT202300113784 DD06082023 CO-DC 7376 010 02900 3007376 010
Census Tract012302
Assessed Land Value$60,000
Assessed Improvement Value$238,230
Assessment Year2025

About this property

APPROVED TO BE SOLD FOR $62,000 BELOW 2026 ASSESSED VALUE!!!!!! 3Bed 2Bath 2Garage Home located in the HILLVIEW TERRACE SECTION Subdivision of Dallas. Close to major freeways including I-30, I-635 and Hwy 80. Featuring Stainless Steele Refrigerator, Black appliances Microwave and Dishwasher. Also features Carpet, Laminate Flooring, and Over Sized Backyard perfect for backyard entertaining. Large Primary Suite features separate vanities, shower and walk in closet. This home is perfect for 1st time home buyer or Tons of potential as this is an INVESTOR'S DREAM. This home has tremendous ROI potential for either long term holding or short turn over. Requiring some repairs however, this property is a hidden jewel.

Investor Tools

$279,768Estimated Mortgage Balance
$18,462Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,789 /month
Positive
Cash Flow Estimate:
$596 /month

Interested in this property?

LeRon Morris

Norel Solutions Real Estate,

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,641
$298,230
2025
$60,000
$238,230
$298,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,641
$298,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$295,548
Yes
First
Jun 8, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,768
$18,462
6%
94%
$1,772/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,772/mo
+$200/mo
7.9%

City: Dallas