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$219,590

NAL Estimated Property Value

2240 Marburg St, Dallas, TX, 75215

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,324 Sq Ft
price_per_sqft$162.39 / sqft
Year BuiltBuilt in 1911

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringVinyl

Exterior

Lot Size9,436 sqft

Building Information

Year Built1911
Stories1
Roof Type105

Land Information

APN00000174121000000
Lot Number11
SubdivisionIrwins Alex M
Land UseResidential
Legal DescriptionIRWINS ALEX M BLK C/1760 LOT 11 INT202300098099 DD05112023 CO-DC 1760 000 01100 1001760 000
Census Tract020800
Assessed Land Value$94,360
Assessed Improvement Value$125,230
Assessment Year2025

About this property

Updated and move-in ready home in the heart of Dallas! Open concept floorplan with beautiful natural light and laminate flooring throughout. The kitchen features crisp white cabinetry and a contemporary backsplash. Great sized bedrooms, including the primary bedroom with sliding barn doors, share the renovated bathroom. Spacious backyard is perfect for entertaining. All new windows, new roof, new plumbing, new central HVAC, and new electrical. Great Dallas location close to Fair Park and Dallas Cultural Center and close proximity to Downtown Dallas, shopping and entertainment. No HOA. Come make this property your new home or investment opportunity!

Investor Tools

Property Icon
$219,590
Estimated Property Value
$197,822Estimated Mortgage Balance
$21,768Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,318 /month
Positive
Cash Flow Estimate:
$439 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,493
$219,590
2025
$94,360
$125,230
$219,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,493
$219,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Fha
$201,286
Yes
First
May 11, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,822
$21,768
9%
90%
$1,256/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,256/mo
+$716/mo
10.8%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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2240 Marburg St | Property Details | No Agent List