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$375,000

2615 Alco Avenue, Dallas, TX, 75211

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.6 / sqft
Year BuiltBuilt in 1943

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringHardwood, Tile

Exterior

Exterior FeaturesLighting, Private Yard, Storage
Lot Size7,200 sqft

Building Information

Year Built1943
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000330001000000
Lot Number19
SubdivisionTerry Heights
Land UseResidential
Legal DescriptionTERRY HEIGHTS LOT 19 ALCO BLK04578 INT202300063722 DD03312023 CO-DC 4578 000 01900 2004578 000
Census Tract004500
Assessed Land Value$150,000
Assessed Improvement Value$213,740
Assessment Year2025

About this property

Kessler Plaza charmer close to Bishop Arts! This 2 bed 1 bath craftsman bungalow is a classic beauty with surprising space and tasteful modern updates. The front porch offers breezy views of one of the cutest streets in Kessler. Just beyond the blue front door, the living room is large and bright and flows easily into the well-appointed kitchen and dining space. Updated cabinetry and stainless appliances, decorative lighting, display shelving, and granite counters with peninsula seating flank an eat-in dining space. Beyond the kitchen is a second larger living area with adjacent laundry space and huge storage closet that could easily be converted into a second bath. The bedrooms and up to date full bath are set apart from the common areas for privacy. Stunning hardwood floors run throughout the home, and interior paint has been refreshed. The back yard with privacy driveway gate features a large covered deck space perfect for outdoor entertaining. A detached storage building with finished interior provides unexpected living space with electric and AC making an ideal hobby or work space. The attached carport is a bonus as well. This home blends the comforts of suburban living with historical urban appeal, and the location can’t be beat!

Investor Tools

Property Icon
$371,000
Estimated Property Value
$0Estimated Mortgage Balance
$122,814Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,129
$363,740
2025
$150,000
$213,740
$363,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,129
$363,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Mortgage Maniac Llc
Conventional
$264,000
No
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,186
$122,814
33%
67%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,583/mo
$-18/mo
5.1%

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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