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$376,090

NAL Estimated Property Value

2523 Garapan Drive, Dallas, TX, 75224

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,274 Sq Ft
price_per_sqft$158.27 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Disposal, Gas Oven, Plumbed For Ice Maker
FlooringWood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,259 sqft

Building Information

Year Built1946
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000468802000000
Lot Number39
SubdivisionWynnewood
Land UseResidential
Legal DescriptionWYNNEWOOD BLK 4/5975 LT 39 INT202100253944 DD08202021 CO-DC 5975 004 03900 2DA5975 004
Census Tract006200
Assessed Land Value$95,000
Assessed Improvement Value$281,090
Assessment Year2025

About this property

This tastefully renovated and spacious one-story ranch in Wynnewood is turn-key and ready for new owners to love. Situated on .2 acres, there is plenty of space to relax and entertain in the backyard with a new wood privacy fence. Inside, the energy is cheerful with natural light and windows galore. Impressive updates include a new kitchen, new bathrooms, electrical, plumbing, and more throughout The new addition includes a large owner's suite with great storage plus a generously sized living room with a wood-burning fireplace and french doors that lead out to the new concrete patio. A rare find with 4 beds at almost 2,300 sqft. Located just moments away from Tyler Station and Bishop Arts!

Investor Tools

Property Icon
$376,090
Estimated Property Value
$313,527Estimated Mortgage Balance
$62,563Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,257 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,102
$376,090
2025
$95,000
$281,090
$376,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,102
$376,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Fha
$344,642
Yes
First
Aug 20, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,527
$62,563
16%
83%
$2,067/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,067/mo
+$505/mo
8.2%

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.

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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2523 Garapan Drive | Property Details | No Agent List