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$220,440

NAL Estimated Property Value

2622 Carpenter Ave, Dallas, TX, 75215

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,178 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.33 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size7,089 sqft

Building Information

Year Built1936
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000188476000000
Lot Number6
SubdivisionHamilton Addition
Land UseResidential
Legal DescriptionHAMILTON LOT 6 CARPENTER INT202500015937 DD01242025 CO-DC 1955 000 00600 1001955 000
Census Tract020800
Assessed Land Value$70,890
Assessed Improvement Value$149,550
Assessment Year2025

About this property

Back on the Market! HUGE PRICE REDUCTION! Come and explore this charming, fully renovated home in a revitalizing community! This property boasts modern amenities, including a brand-new HVAC system, roof, plumbing, and kitchen appliances—a range, dishwasher, and microwave. Step inside to an open, spacious living and dining area filled with natural light from abundant windows. The modern kitchen shines with quartz countertops, stylish gray cabinetry, a large walk-in pantry, and a trendy coffee bar. The primary bedroom features an ensuite bathroom with a cozy shower, while two additional bedrooms provide ample space. A second bathroom includes a tub and shower. The expansive backyard offers plenty of room for gatherings or relaxation. Located just minutes from Downtown Dallas, this home provides convenient access to restaurants, shopping, and entertainment. Whether you're a first-time homebuyer or an investor, this contemporary property, complete with updates and a prime location, is a remarkable find at an incredible price!

Investor Tools

Property Icon
$220,440
Estimated Property Value
$215,702Estimated Mortgage Balance
$4,738Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,323 /month
Positive
Cash Flow Estimate:
$441 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,101
$220,440
2025
$70,890
$149,550
$220,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,101
$220,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$220,924
Yes
First
Jan 24, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,702
$4,738
2%
98%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,325/mo
+$647/mo
10.7%

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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2622 Carpenter Ave | Property Details | No Agent List