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$2,132,810

NAL Estimated Property Value

2515 Thomas Ave, Dallas, TX, 75201

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths2,958 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$760.65 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting
Lot Size7,841 sqft

Building Information

Year Built1930
Stories2
Roof Type105

Land Information

APN00000113128000000
Lot Number9
SubdivisionThomas
Land UseCommercial
Legal DescriptionTHOMAS BLK D/550 LT 9 ACS 0.18 INT202100326243 DD10282021 CO-DC 0550 00D 00900 1000550 00D
Census Tract001705
Assessed Land Value$784,100
Assessed Improvement Value$1,348,710
Assessment Year2025

About this property

Take a step back in time until you open the door to modern luxury ideal for entertaining. This divine fully renovated State Thomas home is light and airy, adorned with hardwood floors throughout, plantation shutters, 3 living spaces and features a gourmet kitchen with commercial appliances. Enormous resort style pool, spa and plenty of yard space. This home is currently used as a vacation rental (Airbnb) and is seldom vacant. The zoning allows its current use, office or residential. Fantastic location tucked next to downtown, just a few blocks from Clyde Warren Park and Mckinney Avenue with all its restaurants. nightlife and shopping. There is room for a garage or open parking in the gated area to the rear.

Investor Tools

Property Icon
$2,132,810
Estimated Property Value
$0Estimated Mortgage Balance
$2,132,810Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,500 /month
Positive
Cash Flow Estimate:
$4,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,891/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$48,029
$2,132,810
2025
$784,100
$1,348,710
$2,132,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$48,029
$2,132,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,132,810
100%
0%
$0/mo

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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2515 Thomas Ave | Property Details | No Agent List