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$293,000

NAL Estimated Property Value

2611 51st Street, Dallas, TX, 75216

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,620 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.12 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size13,385 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000448723000000
Lot Number15C
SubdivisionKessler Heights
Land UseResidential
Legal DescriptionKESSLER HEIGHTS BLK 45/5846 LOT 15C INT202500037113 DD02242025 CO-DC 5846 045 15C00 2005846 045
Census Tract008704
Assessed Land Value$60,000
Assessed Improvement Value$194,080
Assessment Year2025

About this property

Welcome home! This impressive new build effortlessly combines modern sophistication with classic charm. As you step inside, you're welcomed by a spacious open-concept living area adorned with elegant decorative lighting and premium finishes throughout. The gourmet kitchen, the heart of the home, showcases custom cabinetry and polished granite countertops. The expansive living and dining areas are perfect for hosting gatherings or enjoying everyday comfort. The primary suite offers a serene sanctuary with a luxurious ensuite bath and a spacious walk-in closet. Three additional bedrooms provide versatile space for family, guests, or a home office. This home is the epitome of style, comfort, and functionality, making it a true gem in the dynamic city of Dallas. LARGE LOT! The seller will install a stainless steel dishwasher, range, and built-in microwave three days before closing. Please note that the interior photos are taken of a similar home for reference.

Investor Tools

Property Icon
$293,000
Estimated Property Value
$234,613Estimated Mortgage Balance
$58,387Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$644
$254,080
2025
$60,000
$194,080
$254,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$644
$254,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Conventional
$239,920
No
First
Feb 24, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,613
$58,387
19%
80%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,439/mo
+$1,133/mo
10.5%

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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2611 51st Street | Property Details | No Agent List