B+

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Owner Contacts

$129,000

NAL Estimated Property Value

2242 Hooper St, Dallas, TX, 75215

$159,729 ARV

Off Market

2 Beds

1 Bath

824 Sq Ft

Single Family Residence

$175.97 / sqft

Built in 1921

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Gas

Cooling

AppliancesOther

Exterior

Lot Size5,040 sqft

Building Information

Year Built1921

Stories1

Roof Type105

Land Information

APN00000221290000000

Lot Number45-46

SubdivisionElite

Land UseResidential

Legal DescriptionELITE BLK 2/2534 LTS 45 & 46 INT202300237956 DD11212023 CO-DC 2534 002 04500 1002534 002

Census Tract020800

Assessed Land Value$50,400

Assessed Improvement Value$64,680

Assessment Year2025

About this property

Calling all Investors and Flippers! 2-bedroom 1 bath home with tons of potential. Great opportunity to purchase your next investment property. Located in the heart of Dallas, close to Dallas Zoo, Downtown Dallas, and the new planned park coming in 2024. Home has a nice oversize back yard. Home is being sold as-is. No repairs will be made. Owner does not have survey. Buyer is responsible for purchasing survey. Buyer and buyer's agent to verify all information including, but not limited to, square footage, schools, taxes, lot size, etc.

Investor Tools

$129,000

Estimated Property Value

$89,405Estimated Mortgage Balance

$39,595Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$159,729

Rent-to-Value Ratio: 0.72%

Rent Estimate

$870 /month

Positive

Cash Flow Estimate:

$290 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$253/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,393

$115,080

2025

$50,400

$64,680

$115,080

Tax History

Year

Tax Paid

Assessed Value

2024

$2,393

$115,080

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Southwest Funding Lp

Conventional

$92,000

First

Oct 22, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$89,405

$39,595

30%

69%

$552/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$552/mo

+$1,013/mo

14.6%

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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