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$2,650

2615 Southwood Dr, Dallas, TX, 75233

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,391 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.91 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Convection Oven
FlooringCarpet, Hardwood

Exterior

Lot Size12,409 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000494176000000
Lot Number9
SubdivisionSouthwood
Land UseResidential
Legal DescriptionSOUTHWOOD ESTATES 2 BLK C/6038 LT 9 INT202300066604 DD04202023 CO-DC 6038 00C 00900 2006038 00C
Census Tract010806
Assessed Land Value$70,000
Assessed Improvement Value$261,560
Assessment Year2025

About this property

Welcome home to this charming, beautifully remodeled gem! From the moment you arrive, you'll love the home's inviting curb appeal and welcoming feel. Inside, subtle designer colors and rich wood flooring create a warm, modern atmosphere that's both stylish and comfortable. This 3-bedroom, 2-bath home has been thoughtfully updated throughout. The gorgeous kitchen features brand-new cabinetry along with a gas cooktop, built-in oven, vent hood, and dishwasher—everything you need to enjoy cooking at home. Both bathrooms have been completely remodeled with fresh, contemporary finishes, and the entire interior has been freshly painted, making this home truly move-in ready. Step outside to a spacious fenced backyard that's perfect for relaxing, entertaining, or letting your pets enjoy the outdoors. The one-car garage adds extra convenience, while the established neighborhood offers mature trees and easy access to major roads and I-35, making commuting and everyday errands a breeze. A wonderful place to call home! Minimum 12-month lease required. Pets considered on a case-by-case basis.

Investor Tools

$199,173Estimated Mortgage Balance
$132,387Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,989 /month
Positive
Cash Flow Estimate:
$663 /month

Interested in this property?

Ruth Batista

Ultima Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,383
$331,560
2025
$70,000
$261,560
$331,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,383
$331,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shelter Mtg
N/A
$62,100
N/A
First
Aug 29, 1997
Sep 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,173
$132,387
39%
60%
$1,561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,561/mo
+$411/mo
7.1%

Learn About the Market: Opportunity in Dallas

Local Market Pages
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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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2615 Southwood Dr | Property Details | No Agent List