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Owner Contacts

$220,000

2314 Las Cruces Ln, Dallas, TX, 75227

Off Market

3 Beds

2 Bath

1,464 Sq Ft

Single Family Residence

$150.27 / sqft

Built in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Cooktop, Electric Oven, Microwave

FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesStorage

Lot Size7,451 sqft

Building Information

Year Built1953

Stories1

Roof Type105

Land Information

APN00000540532000000

Lot Number3

SubdivisionPiedmont

Land UseResidential

Legal DescriptionPIEDMONT BLK 13/6227 LT 3 INT202300105858 DD05272023 CO-DC 6227 013 00300 3006227 013

Census Tract009101

Assessed Land Value$60,000

Assessed Improvement Value$179,060

Assessment Year2025

About this property

MOTIVATED SELLERS! Sellers will consider all reasonable offers. Must See! Well cared for Home in established neighborhood with large mature trees. Beautifully landscaped. 3 bedrooms two bath, the second bath is an ensuite where the construction is in progress, but almost complete! Material to complete bathroom is available in the shed for the new owners. Garage has been converted to play room with utility, central air and heat included. Crown molding in living and dining area, Ceiling fans throughout the home. Original Hardwood floors. Recessed lights, Clean and move in ready for new home owners! Solar panel lease will need to be assumed by buyers.

Investor Tools

$239,060

Estimated Property Value

$195,200Estimated Mortgage Balance

$54,598Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,434 /month

Positive

Cash Flow Estimate:

$478 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$545/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,343

$239,060

2025

$60,000

$179,060

$239,060

Tax History

Year

Tax Paid

Assessed Value

2024

$5,343

$239,060

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$195,200

First

May 27, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$184,462

$54,598

22%

77%

$1,171/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,171/mo

+$801/mo

9.9%

Learn About the Market: Opportunity in Dallas

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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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