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$749,000

2318 N Prairie Ave, Dallas, TX, 75204

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$302.26 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Hardwood

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size3,529 sqft

Building Information

Year Built2018
Stories2
Roof Type106
Garage Spaces2

Land Information

APN002008000A0120100
Lot Number12
Land UseResidential
Legal DescriptionPRAIRIE PLACE BLK A/2008 PT LT 12 ACS 0.081 INT202200122946 DD04262022 CO-DC 2008 00A 01201 3DA2008 00A
Census Tract000801
Assessment Year2025

About this property

Experience this gorgeous modern contemporary newer construction and thoroughly updated home in East Dallas. The inviting open layout features 10' ceilings, hardwood flooring, a grand kitchen with stainless steel appliances, and an open floorplan that provides an abundance of natural light & privacy. The second floor offers a double living area or game room and all bedrooms: the owner's upstairs suite with a luxurious spa-like bath flooded with natural light. Added features include custom automated blinds, z-wave switches & plugs, 60-inch standalone gas fireplace, level graded yard, zeon zoysia sod, automatic flowerbeds, etc. This is your opportunity for a move-in ready home that combines the best of design & location!

Investor Tools

Property Icon
$793,000
Estimated Property Value
$556,500Estimated Mortgage Balance
$279,102Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,758 /month
Positive
Cash Flow Estimate:
$1,586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,628
$727,670
2025
N/A
N/A
$727,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,628
$727,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$556,500
No
First
Apr 29, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$513,898
$279,102
35%
65%
$3,337/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$3,337/mo
$-377/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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2318 N Prairie Ave | Property Details | No Agent List