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Owner Contacts

$264,000

NAL Estimated Property Value

2411 Garapan Dr, Dallas, TX, 75224

Off Market

4 Beds

2 Bath

1,078 Sq Ft

Single Family Residence

$166.98 / sqft

Built in 1946

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesNone

FlooringCeramic Tile, Laminate

Exterior

Lot Size9,706 sqft

Building Information

Year Built1946

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000468760000000

SubdivisionWynnewood

Land UseResidential

Legal DescriptionWYNNEWOOD BLK 4/5975 LT 25 INT202300258153 DD12202023 CO-DC 5975 004 02500 2DA5975 004

Census Tract006200

Assessment Year2025

About this property

WILL ACCEPT A BACKUP OFFER. **INVESTMENT OPPORTUNITY** to restore or rebuild. The home has great bones but needs some TLC. Paint has been done throughout the house. Repairs have been made to the foundation; however, the restrooms and floors still need work. This is an excellent opportunity for a flip, AIRBNB, or a rental! ARV has been estimated at 295-300K plus. 4 Bedrooms, 2 Full Bathrooms, and two bonus rooms have been added to the home. Huge Back yard with a shed. See this property ASAP and add it to your portfolio! Near the popular Wynnewood Village, Love Field, Downtown Dallas, Dallas Zoo, and Bishops Art District. Lots of entertainment nearby, and this location offers easy access to 35, 30, and 67. The seller will make no repairs. No Survey; buyers to purchase a new one. Buyer and buyers agent to verify all information, including measurements. **NO LOWBALL OFFERS** Priced to sell.

Investor Tools

$264,000

Estimated Property Value

$460,054Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,584 /month

Positive

Cash Flow Estimate:

$528 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$447/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,038

$251,010

2025

N/A

$251,010

Tax History

Year

Tax Paid

Assessed Value

2024

$4,038

$251,010

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Fha

$240,562

Yes

First

Dec 20, 2023

Jan 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$460,054

N/A

174%

$2,886/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,886/mo

$-314/mo

11.7%

Learn About the Market: Opportunity in Dallas

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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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