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1view

$216,000

2628 Lea Crest Dr, Dallas, TX, 75216

Off Market

3 Beds

2 Bath

876 Sq Ft

Single Family Residence

$135.84 / sqft

Built in 1950

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Gas

Cooling

AppliancesNone

Exterior

Lot Size6,814 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000505642000000

Lot Number7

SubdivisionDeerpath Village 5

Land UseResidential

Legal DescriptionDEERPATH VILLAGE 5 BLK J/6078 LT 7 INT202500116475 DD05292025 CO-DC 6078 000 00700 2006078 000

Census Tract008802

Assessed Land Value$60,000

Assessed Improvement Value$96,870

Assessment Year2025

About this property

Unlock your next opportunity. With the right touches, this can be a nice first home for a handyman Buyer or an investor project. Perfect for rental or investment remodel. 2 bedrooms, 1 full bath. Easy access to major highways, public transit and less than 8 miles from Dallas Dowtown Historic District, makes this location very convenient. Needs repairs, priced accordingly. Sold as-is. Bring your buyers, bring your offers!

Investor Tools

$216,000

Estimated Property Value

$213,560Estimated Mortgage Balance

$0Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,296 /month

Positive

Cash Flow Estimate:

$432 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$382/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,506

$156,870

2025

$60,000

$96,870

$156,870

Tax History

Year

Tax Paid

Assessed Value

2024

$3,506

$156,870

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Link

Fha

$213,560

Yes

First

Mar 6, 2026

Apr 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$219,333

N/A

102%

$1,320/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,320/mo

+$245/mo

8.7%

Learn About the Market: Opportunity in Dallas

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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.

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