B+

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Owner Contacts

$149,000

2603 Ripple Rd, Dallas, TX, 75241

$170,420 ARV

Off Market

3 Beds

2 Bath

1,215 Sq Ft

Single Family Residence

$122.63 / sqft

Built in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Disposal, Plumbed For Ice Maker

FlooringLaminate

Exterior

Lot Size6,231 sqft

Building Information

Year Built2002

Stories1

Roof Type105

Land Information

APN00000640144000000

Lot Number18

SubdivisionChesterfield Heights

Land UseResidential

Legal DescriptionCHESTERFIELD HEIGHTS BLK B/6881 LT 18 INT202100039051 DD02052020 CO-DC 6881 00B 01800 2006881 00B

Census Tract011401

Assessed Land Value$65,000

Assessed Improvement Value$145,760

Assessment Year2025

About this property

Cute and cozy home3-bedroom home features ceiling fans, Full Washer & Dryer Closet, tile countertops, and covered porch. New fresh paint and laminate floor.Located near Downtown Dallas, Restaurants and Shopping! Less than a mile from DART Rail line making your commute to work much easier.

Investor Tools

$216,000

Estimated Property Value

$152,643Estimated Mortgage Balance

$76,608Estimated Equity

29% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$170,419

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,296 /month

Positive

Cash Flow Estimate:

$432 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$282/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,308

$210,760

2025

$65,000

$145,760

$210,760

Tax History

Year

Tax Paid

Assessed Value

2024

$2,308

$210,760

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Conventional

$152,643

First

Oct 27, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$139,392

$76,608

35%

65%

$916/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$916/mo

+$1,056/mo

11.0%

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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