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Owner Contacts

$172,000

NAL Estimated Property Value

2407 Anderson Street, Dallas, TX, 75215

Off Market

3 Beds

1 Bath

1,144 Sq Ft

Single Family Residence

$131.12 / sqft

Built in 1946

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Gas

Cooling

AppliancesNone

FlooringCarpet, Laminate

Exterior

Lot Size5,022 sqft

Building Information

Year Built1946

Stories1

Roof Type105

Garage Spaces160

Land Information

APN00000221563000000

Lot Number41-42

SubdivisionLincoln Manor #1

Land UseResidential

Legal DescriptionLINCOLN MANOR BLK 4/2541 LTS 41 & 42 INT202100382009 DD12212021 CO-DC 2541 004 04100 1DA2541 004

Census Tract020800

Assessed Land Value$50,220

Assessed Improvement Value$110,490

Assessment Year2025

About this property

Wow, house has been completely remodeled. Beautifully updated pier and beam traditional style home in the heart of Dallas. Must see to believe. Very open floorplan with decorator colors throughout. House has open kitchen, large living area, good sized bedrooms, modern bathroom, with huge fenced yard. Less than 5 minutes to downtown Dallas. CASH OR CONVENTIONAL ONLY. HOUSE IS GREAT SHAPE BUT NO CENTRAL HEAT AND AIR

Investor Tools

$172,000

Estimated Property Value

$111,872Estimated Mortgage Balance

$60,128Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,032 /month

Positive

Cash Flow Estimate:

$344 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$357/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,427

$160,710

2025

$50,220

$110,490

$160,710

Tax History

Year

Tax Paid

Assessed Value

2024

$3,427

$160,710

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$119,000

First

Feb 27, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$111,872

$60,128

34%

65%

$714/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$714/mo

+$1,258/mo

13.8%

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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