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$202,000

NAL Estimated Property Value

2531 Mountain Lake Rd, Dallas, TX, 75233

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,107 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.74 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,752 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000466009000000
Lot Number27
SubdivisionRoland Dale Rev
Land UseResidential
Legal DescriptionROLAND DALE REV BLK 3/5967 LOT 27 CO-DALLAS 5967 003 02700 2005967 003
Census Tract010804
Assessed Land Value$80,000
Assessed Improvement Value$119,910
Assessment Year2025

About this property

Charming 2-Bedroom Gem Near Bishop Arts & Kiest Park! Welcome to your perfect retreat in the heart of Oak Cliff! This adorable 2-bedroom, 1-bathroom home offers a rare blend of thoughtful updates and cozy charm—all just minutes from the vibrant Bishop Arts District and the serene trails of Kiest Park. You'll enjoy peace of mind with nearly everything being new or updated: brand new windows, updated electrical panel and plumbing, a modernized bathroom, plush new carpet, and an 8-foot privacy fence for your own secluded outdoor haven. The water heater and mini split system are under warranty, ensuring year-round comfort and reliability. Whether you're a first-time homebuyer or looking to downsize, this home is a perfect match. While the updates bring modern convenience, the interior remains a blank canvas, ready for you to make it truly yours. Don't miss your chance to own a move-in-ready home in one of Dallas' most desirable and up-and-coming neighborhoods. Schedule your tour today! This is an Estate. Please note that this property has been virtually staged. The furnishings and décor shown are for illustrative purposes only.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$201,024Estimated Mortgage Balance
$976Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$46
$199,910
2025
$80,000
$119,910
$199,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$46
$199,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$203,700
No
First
Aug 18, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,024
$976
0%
100%
$1,222/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,222/mo
+$750/mo
11.7%

Learn About the Market: Opportunity in Dallas

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Explore

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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2531 Mountain Lake Rd | Property Details | No Agent List