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$316,000

NAL Estimated Property Value

2316 Southwood Dr, Dallas, TX, 75224

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,591 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.07 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesOutdoor Shower
Lot Size8,795 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000492427000000
SubdivisionDruid Hills
Land UseResidential
Legal DescriptionDRUID HILLS BLK B/6036 LT 26 INT201900158551 DD06182019 CO-DC 6036 00B 026 2DA6036 00B
Census Tract006100
Assessment Year2025

About this property

Discover your sanctuary just minutes from the vibrant Bishop Arts District! Nestled near Kiest Park's lush wildflower habitats, thick trees, scenic nature trails, walking and hiking trails, this move-in-ready 3-bedroom, 2-bath home is a perfect blend of comfort and style. As you arrive, the stunning landscaping featuring drought-tolerant plants welcomes you with fantastic curb appeal. The open floor plan flows seamlessly, showcasing a gorgeous designer kitchen complete with newer cabinets, sleek countertops, and modern appliances, plus a breakfast bar perfect for casual meals. The dining room, enhanced by a charming brick wall, leads to a spacious living room adorned with a cozy brick fireplace and built-in bookshelves and cabinets—ideal for entertaining or relaxing evenings. Step outside to the expansive backyard, where a huge covered patio overlooks a generous yard, complete with a custom outdoor shower for those warm days. The well-designed perennial landscaping ensures this outdoor oasis remains beautiful year after year, while the rock bed creek beyond provides privacy and tranquility, especially when the trees are in full bloom. Inside, designer touches abound, including elegant wood-look porcelain tile and custom window treatments that will remain with the home. The hall bath features chic Saltillo tile and stylish shower finishes, creating a spa-like retreat. The enormous primary suite offers not one, but three closets, along with convenient laundry facilities and an ensuite bathroom that feels like your personal getaway, complete with a spacious walk-in shower. This home is truly a rare find—don’t miss your chance to experience the perfect blend of nature, style, and comfort! Schedule your tour today!

Investor Tools

Property Icon
$316,000
Estimated Property Value
$187,063Estimated Mortgage Balance
$128,937Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,447
$310,820
2025
N/A
N/A
$310,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,447
$310,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$191,000
No
First
Mar 7, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,063
$128,937
40%
59%
$1,146/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,146/mo
+$826/mo
7.5%

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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2316 Southwood Dr | Property Details | No Agent List