6view

Owner Contacts

$224,240

NAL Estimated Property Value

2239 Clover Ridge Dr, Dallas, TX, 75216

Off Market

4 Beds

2 Bath

1,674 Sq Ft

$116.48 / sqft

Built in 1958

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringCarpet, Tile

Exterior

Lot Size8,064 sqft

Building Information

Year Built1958

Stories1

Roof Type105

Land Information

APN00000345484000000

Lot Number19

SubdivisionHorizon

Land UseResidential

Legal DescriptionHORIZON ESTATES BLK 4/4893 LOT 19 INT202500035500 DD02182025 CO-DC 4893 004 01900 2004893 004

Census Tract008704

Assessed Land Value$60,000

Assessed Improvement Value$164,240

Assessment Year2025

About this property

Fantastic starter home opportunity for a very good value! This property is simple and easy, and has all the necessities a brand new family would want and, or need for a starter home. Nice size lot, spacious floorplan, and a nice sizable home. Come and see this one before it's gone!

Investor Tools

$224,240

Estimated Property Value

$182,431Estimated Mortgage Balance

$41,809Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,345 /month

Positive

Cash Flow Estimate:

$448 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$185/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,097

$224,240

2025

$60,000

$164,240

$224,240

Tax History

Year

Tax Paid

Assessed Value

2024

$1,097

$224,240

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Michigan Mutual Inc

Fha

$186,558

Yes

First

Feb 21, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$182,431

$41,809

18%

81%

$1,119/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,119/mo

+$853/mo

10.6%

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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