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Owner Contacts

$300,390

NAL Estimated Property Value

241 Penland Street, Dallas, TX, 75224

Off Market

3 Beds

3 Bath

1,900 Sq Ft

Single Family Residence

$118.42 / sqft

Built in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesGas Cooktop

FlooringCeramic Tile, Laminate

Exterior

Private Pool

Lot Size12,900 sqft

Building Information

Year Built1946

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000473551000000

Lot Number38

SubdivisionWynnewood

Land UseResidential

Legal DescriptionWYNNEWOOD 3 BLK 31/5978 LT 38 INT202000266165 DD09282020 CO-DC 5978 031 03800 4DA5978 031

Census Tract005600

Assessed Land Value$70,000

Assessed Improvement Value$230,390

Assessment Year2025

About this property

Multiple Offers Received. Highest & Best by Friday 28th 2pm. Stunning new home! Located minutes away from Dallas downtown. This elegant & spacious house features 3 Bedrooms, 3 Baths & a large backyard. This single story home sits on a corner lot size 0.27 of an acre! Lots of parking options with the long driveway and the sliding door that gives access to the spacious lot. Designed with beautiful & quality finishes, an open concept floor plan & plenty of natural light, perfect for entertaining. The kitchen has an abundance of cabinet space & granite countertops. This beautiful house was built on an existing 800 SqFt foundation. Quick access to I-35. Set up your showing today!

Investor Tools

$300,390

Estimated Property Value

$196,675Estimated Mortgage Balance

$103,715Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,802 /month

Positive

Cash Flow Estimate:

$601 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$591/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,585

$300,390

2025

$70,000

$230,390

$300,390

Tax History

Year

Tax Paid

Assessed Value

2024

$5,585

$300,390

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Fha

$220,924

Yes

First

Sep 28, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$196,675

$103,715

34%

65%

$1,325/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,325/mo

+$647/mo

7.9%

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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