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$304,310

2602 E Illinois Ave, Dallas, TX, 75216

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,331 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.1 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringLaminate

Exterior

Lot Size9,300 sqft

Building Information

Year Built1952
Stories1
Roof Type172
Garage Spaces1

Land Information

APN00000509161000000
Lot Number12
SubdivisionHoney
Land UseResidential
Legal DescriptionHONEY CREST HEIGHTS BLK B/6086 LT 12 INT202300248134 DD12062023 CO-DC 6086 00B 012 2006086 00B
Census Tract008802
Assessed Land Value$70,000
Assessed Improvement Value$234,310
Assessment Year2025

About this property

Beautiful, Open concept, fully renovated home. New flooring, new carpet, new drywall & paint throughout the home, with brand new kitchen cabinets and granite countertops, stainless steel appliances. Large Backyard, perfect for entertaining guests and family gatherings.

Investor Tools

Property Icon
$304,310
Estimated Property Value
$260,988Estimated Mortgage Balance
$0Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,826 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,147
$304,310
2025
$70,000
$234,310
$304,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,147
$304,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$260,988
Yes
First
Dec 6, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$499,118
N/A
0%
164%
$3,130/mo

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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2602 E Illinois Ave | Property Details | No Agent List