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Owner Contacts

$357,420

NAL Estimated Property Value

2625 Southwood Dr, Dallas, TX, 75233

Off Market

3 Beds

2 Bath

1,630 Sq Ft

$214.72 / sqft

Built in 1955

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave

FlooringWood

Exterior

Lot Size12,626 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000494182000000

Lot Number11

SubdivisionSouthwood

Land UseResidential

Legal DescriptionSOUTHWOOD ESTATES 2 BLK C/6038 LOT 11 SOUTHWOOD DR INT202300178721 DD09012023 CO-DC 6038 000 01100 2006038 000

Census Tract010806

Assessed Land Value$70,000

Assessed Improvement Value$287,420

Assessment Year2025

About this property

OOPS CORRECTED PRCE PUT IN LOCATION LOCATION LOCATION! Remodeled IN 2019 WHEN WE PURCHASED FROM PREVIOUS OWNERS IN 2019 THEY DID New HVAC, new windows, original hardwood floors refinished, kitchen, bathrooms updated w new cabinets, granite counter tops, fresh paint and SS appliances. We just repainted the interior and refinished flooring again etc. etc Gourmet Kitchen is a chefs delight Cool layout with 2 nice sized living areas HUGE BACKYARD Nearby schools include Daniel Webster Elementary, and John W Carpenter Elementary. Closest grocery stores Sam’s Grocery & Grill, Fiesta Mart and Save-A-Lot. Nearby coffee shops include Pea berry Coffee, Tia Dora's Bakery and Circle K. Nearby restaurants include Catfish Connection, Hardeman's BBQ and Maskaras Mexican Grill. 2625 Southwood Dr is near Martin Weiss Park, Mountain View Park and Moss Park. Buyer to verify all info ON THE MLS before sending offer

Investor Tools

$357,420

Estimated Property Value

$315,447Estimated Mortgage Balance

$41,973Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,145 /month

Positive

Cash Flow Estimate:

$715 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$628/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,750

$357,420

2025

$70,000

$287,420

$357,420

Tax History

Year

Tax Paid

Assessed Value

2024

$5,750

$357,420

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$331,550

First

Sep 1, 2023

Oct 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$315,447

$41,973

11%

88%

$1,988/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,988/mo

$-16/mo

6.6%

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