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Owner Contacts

$329,430

NAL Estimated Property Value

2406 Anderson St, Dallas, TX, 75215

Off Market

3 Beds

3 Bath

1,733 Sq Ft

$1.5 / sqft

Built in 2024

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size1,750 sqft

Building Information

Year Built2024

Stories3

Roof Type106

Garage Spaces1

Land Information

APN00000221611000100

Lot Number15

Land UseResidential

Legal DescriptionLINCOLN MANOR BLK 5/2542 LT 15 ACS 0.0402 INT202400141986 DD07152024 CO-DC 2542 005 01500 1002542 005

Census Tract020800

Assessed Land Value$17,500

Assessed Improvement Value$311,930

Assessment Year2025

About this property

Great opportunity to purchase two lots in an area 10 minutes away from downtown with tons of potential to be the foundation for beautiful affordable housing. Close to major freeway for quick access to anywhere in the metroplex with land at a premium this lot won't last long.

Investor Tools

$329,430

Estimated Property Value

$308,636Estimated Mortgage Balance

$20,794Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,977 /month

Positive

Cash Flow Estimate:

$659 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$160/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$274

$329,430

2025

$17,500

$311,930

$329,430

No

Tax History

Year

Tax Paid

Assessed Value

2024

$274

$329,430

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$319,113

Yes

First

Jul 15, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$308,636

$20,794

6%

94%

$1,914/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,914/mo

+$58/mo

7.2%

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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