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Owner Contacts

$242,000

NAL Estimated Property Value

2541 N Masters Dr, Dallas, TX, 75227

Off Market

3 Beds

2 Bath

1,253 Sq Ft

Single Family Residence

$191.46 / sqft

Built in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

AppliancesGas Cooktop

FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBuilt-in Barbecue, Outdoor Grill

Lot Size9,898 sqft

Building Information

Year Built1930

Stories1

Roof Type105

Land Information

APN00000630895000000

Lot Number8

SubdivisionScyene Park

Land UseResidential

Legal DescriptionSCYENE PARK ESTATES BLK 6/6758 E PT LOT 8 MASTERS DR & SAND SPRING AVE INT202500092780 DD04282025 CO-DC 6758 006 00800

Census Tract012000

Assessed Land Value$40,000

Assessed Improvement Value$140,120

Assessment Year2025

About this property

Beautifully updated home on almost a quarter of an acre! CORNER LOT gated with a wrought iron fence. Bring your chickens!! Chicken coop will stay. Updates within the last year includes NEW ROOF, NEW TILE FLOORING, NEW WATERPROOF VYNL FLOORING, UPDATED CEILING FIXTURES, UPDATED BATHROOM, NEW CUSTOM MADE DOUBLE GLAZED WINDOWS FILLED WITH GAS TO HELP WITH INSULATION AND MAXIMIZE ON ENERGY EFFICIENCY, NEW PATIO DECK ON THE SIDE OF THE HOUSE. Even the sheetrock was replaced. The home includes a storage room in the back with built in grill and covered seating area. The home is also plumed for water softener.

Investor Tools

$242,000

Estimated Property Value

$459,458Estimated 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

$1,452 /month

Positive

Cash Flow Estimate:

$484 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$346/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,945

$180,120

2025

$40,000

$140,120

$180,120

Tax History

Year

Tax Paid

Assessed Value

2024

$2,945

$180,120

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Portfolio Mortgage Corp

Fha

$230,743

Yes

First

Apr 28, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$459,458

N/A

190%

$2,810/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$2,810/mo

$-1,245/mo

7.8%

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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