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$275,480

2588 Wood Valley Dr, Dallas, TX, 75211

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.62 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range

Exterior

Lot Size8,650 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000657079000000
Lot Number3
SubdivisionWesthaven
Land UseResidential
Legal DescriptionWESTHAVEN BLK A/6967 LT 3 VOL 85122 PG 4714 CO-DC 6967 00A 00300 2006967 00A
Census Tract010809
Assessed Land Value$60,000
Assessed Improvement Value$215,480
Assessment Year2025

About this property

2588 Wood Valley Drive offers a 3-bed, 2-bath layout on a .20 lot in 75211. This property is being sold as is, ready for a buyer to renovate, customize, or build equity through updates. 1,376 square feet provides a functional footprint with main living area connected to kitchen and with large flex or bonus space that could be work room, storage, or made into an office. Located within minutes of Kiest Park, Tom Thumb, and Mountain View College, the home sits less than four miles from Bishop Arts District and downtown Dallas access via I-30 or Loop 12. Nearby transit at Westmoreland Station (1.8 mi) adds commuter options while local parks and schools are just a short drive away. With a spacious lot and established trees in a residential pocket, the setting and property has great potential. Drain lines have been replaced, there is a recently installed electrical panel, the HVAC has been updated, and the separate workshop has full power. Ideal for an investor, DIY buyer, or anyone looking for a project property inside city limits with convenient proximity to Oak Cliff’s growing amenities. NO SIGHT UNSEEN OFFERS.

Investor Tools

Property Icon
$275,480
Estimated Property Value
$0Estimated Mortgage Balance
$275,480Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,653 /month
Positive
Cash Flow Estimate:
$551 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$547
$275,480
2025
$60,000
$215,480
$275,480
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$547
$275,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$275,480
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.6%

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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2588 Wood Valley Dr | Property Details | No Agent List