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$272,010

NAL Estimated Property Value

2616 Salerno Dr, Dallas, TX, 75224

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,278 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.62 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer, Gas Water Heater
FlooringLaminate, Wood

Exterior

Lot Size9,361 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000469651000000
Lot Number21
SubdivisionWynnewood 2
Land UseResidential
Legal DescriptionWYNNEWOOD 2 SEC 2 BLK 15/5975 LT 21 INT202200083008 DD03222022 CO-DC 5975 015 02100 4DA5975 015
Census Tract006200
Assessed Land Value$95,000
Assessed Improvement Value$177,010
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED HIGHEST AND BEST BY TOMORROW FEB 20 BY 8 PM Take a look at this picture-perfect renovated home in the established Wynnewood neighborhood in Oak Cliff. Located just minutes from Bishop Arts, Downtown, and the Dallas Zoo, this home features upgrades that include kitchen and bathroom, open concept floor plan, garage conversion, custom white cabinets, granite and quartz countertops, wood floors in main areas, laminate floors in bedrooms. Foundation repair was recently completed. Appliances include stainless steel range, microwave vent hood, and side by side refrigerator. This home also features a large backyard that is great for entertaining guests. Come check it out before it’s gone!!!

Investor Tools

Property Icon
$272,010
Estimated Property Value
$231,694Estimated Mortgage Balance
$40,316Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,138
$272,010
2025
$95,000
$177,010
$272,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,138
$272,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$251,363
Yes
First
Mar 22, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,694
$40,316
14%
85%
$1,508/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,508/mo
+$464/mo
8.7%

City: Dallas

2616 Salerno Dr | Property Details | No Agent List