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$248,710

NAL Estimated Property Value

2630 Fernwood Ave, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths783 Sq Ft
price_per_sqft$319.28 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringLaminate

Exterior

Lot Size8,916 sqft

Building Information

Year Built1946
Stories1
Roof Type105

Land Information

APN00000310732000000
Lot Number8
SubdivisionBroadmoor
Land UseResidential
Legal DescriptionBROADMOOR BLK 25/4220 LT 8 INT202400038629 DD02232024 CO-DC 4220 025 00800 2004220 025
Census Tract005500
Assessed Land Value$90,000
Assessed Improvement Value$158,710
Assessment Year2025

About this property

Remodeled 3 bedrooms 2 bath home in Dallas Tx. This home is great for a first time home buyer or investment. The house features new flooring, new roof, new windows and much more. The huge backyard is a plus, great for entertainment. Property also features alley access. Schedule an appointment today and welcome home.

Investor Tools

Property Icon
$248,710
Estimated Property Value
$151,304Estimated Mortgage Balance
$97,406Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,278
$248,710
2025
$90,000
$158,710
$248,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,278
$248,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$157,712
Yes
First
Feb 22, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,304
$97,406
39%
61%
$946/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$946/mo
+$1,026/mo
9.5%

City: Dallas