7view

Owner Contacts

$244,030

NAL Estimated Property Value

2402 Alabama Ave, Dallas, TX, 75216

Off Market

3 Beds

1 Bath

912 Sq Ft

$263.05 / sqft

Built in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Range, Refrigerator

FlooringCeramic Tile, Vinyl

Exterior

Lot Size7,971 sqft

Building Information

Year Built1995

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000309121000000

Lot Number1

SubdivisionBroadmoor

Land UseResidential

Legal DescriptionBROADMOOR BLK 8/4194 LT 1 INT202300153549 DD07282023 CO-DC 4194 008 001 2004194 008

Census Tract005600

Assessed Land Value$85,000

Assessed Improvement Value$159,030

Assessment Year2025

About this property

Home Sweet Home! You will love this Beautiful & Cozy Remodeled Home! This Unique Beauty is conveniently located within minutes of Downtown Dallas, upcoming Southern Gateway Deck Park, Wynnewood Shopping Center & Dallas Zoo! Home features an Open Floor plan with abundant Natural Sunlight, Spacious Living & Dining, 3 Bedrooms, 1 Full Bath. White Cabinetry & Natural Stone Counters, SS Appliances (Stove, venthood & Refrigerator). Sip your morning coffee on your welcoming covered front porch. Large corner lot with oversized driveway is perfect for entertaining with family & friends. Corner Lot size 50x150. Must see to appreciate all this home has to offer. Great starter home or your next investment property. Buyer & Buyer's Agent to verify all property info including schools & dimensions. Hurry, send your offer today. Don't miss out on this one, Won't last!

Investor Tools

$244,030

Estimated Property Value

$220,654Estimated Mortgage Balance

$23,376Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,464 /month

Positive

Cash Flow Estimate:

$488 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$542/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,284

$244,030

2025

$85,000

$159,030

$244,030

Tax History

Year

Tax Paid

Assessed Value

2024

$5,284

$244,030

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Origin Bank

Conventional

$232,703

First

Jul 28, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$220,654

$23,376

90%

$1,396/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,396/mo

+$576/mo

9.7%

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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