NoAgentList RatingHow are grades calculated?

473Days on Market

4view

$225,000

$250,000

2404 Maryland Ave, Dallas, TX, 75216

On Market

Price Drop

2 Beds

2 Bath

1,200 Sq Ft

Duplex

Built in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Gas

Cooling

AppliancesDishwasher, Electric Range

FlooringCombination

Exterior

Lot Size7,426 sqft

Building Information

Year Built1925

Stories1

Roof Type105

Land Information

APN00000283105000000

Lot Number15

SubdivisionTrinity Heights

Land UseResidential

Legal DescriptionTRINITY HEIGHTS BLK 43/3665 LOT 15 INT202300147018 DD07212023 CO-DC 3665 043 01500 2003665 043

Census Tract005400

Assessed Land Value$95,000

Assessed Improvement Value$151,000

Assessment Year2025

About this property

2404 and 2406 Maryland Ave, Dallas, Tx is the investment you have been seeking. Beautifully updated and ready for a new owner. The Seller is offering the entire property. One side is available for an owner occupant that wants to offset expense with the rent on the occupied side. This area is very close to I35 making a quick trip to either downtown Dallas, South to the DeSoto and Lancaster area or across I35 to the Bishop Arts District. Centrally located to meet the needs of a large pool of renters. The owner has replaced the roof, added mini splits to both sides, taken care of the insulation and the electric panels. Buyer to verify all information. Buyer will need to purchase a survey. All information is deemed reliable but not guaranteed.

Investor Tools

$189,644Estimated Mortgage Balance

$59,002Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,488 /month

Positive

Cash Flow Estimate:

$496 /month

Interested in this property?

Sandy Wickware

Fathom Realty LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$510/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,875

$246,000

2025

$95,000

$151,000

$246,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,875

$246,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Loan Store Inc

Conventional

$200,000

First

Jul 21, 2023

Aug 2038

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$189,644

$60,356

24%

76%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,200/mo

+$1,372/mo

12.4%

Learn About the Market: Opportunity in Dallas

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 This Area