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$383,710

NAL Estimated Property Value

2242 Mail Avenue, Dallas, TX, 75235

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$492.42 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesGas Range
FlooringOther

Exterior

Lot Size7,500 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000214132000000
Lot Number10
SubdivisionJ T Hoods Addition
Land UseResidential
Legal DescriptionJ T HOODS BLK D/2365 LOT 10 INT202400003641 DD01042024 CO-DC 2365 00D 010 1002365 00D
Census Tract000410
Assessed Land Value$375,000
Assessed Improvement Value$8,710
Assessment Year2025

About this property

Opportunity to build on 50X150 lot that has been zoned for MULTI-FAMILY. It is perfectly positioned in the rapidly changing Medical District. This property is 2 block from a city park which is a strong walkability score. It has easy access to I-35 or Dallas North Tollway, West Love Development, Uptown, Bachman Lake or Love Field. Downtown Dallas is only minutes away. Currently several residential developments are in the neighborhood. The home has burned - NOT available for viewing. Contact Agent to walk Exterior. CITY REQUIRES 8 INCH WATER LINE. PRICE ESTABLISHED TO ACCOMMODATE CITY REQUIREMENT. Buyer to obtain survey.

Investor Tools

Property Icon
$383,710
Estimated Property Value
$0Estimated Mortgage Balance
$383,710Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$875/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,576
$383,710
2025
$375,000
$8,710
$383,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,576
$383,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$383,710
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,440/mo
N/A
+$1,440/mo
4.5%

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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2242 Mail Avenue | Property Details | No Agent List