8view

Owner Contacts

$734,790

NAL Estimated Property Value

2632 Thomas Ave, Dallas, TX, 75204

Off Market

2 Beds

2 Bath

1,430 Sq Ft

$486.01 / sqft

Built in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size4,000 sqft

Building Information

Year Built1920

Stories1

Roof Type105

Land Information

APN00000113572000000

SubdivisionSimpson & Clarks

Land UseResidential

Legal DescriptionSIMPSON & CLARKS BLK F/564 MID PT LOTS 1 & 2 40X100; 50FR BOLL INT202300207820 DD10102023 CO-DC 0564 00F 00100 1DA0564 00F

Census Tract001703

Assessed Land Value$400,000

Assessed Improvement Value$334,790

Assessment Year2025

About this property

Uptown Bungalow in Prime Historic State-Thomas Location with private pool. Unique opportunity to own a 2-bedroom 1.5 bath + bonus space single family residence. Flexible floorplan, kitchen well equipped for cooking, spacious for entertaining both indoors and outdoors with beautiful backyard oasis. Spectacular setup for live-work-play. Multiple living areas create flex space for a home office, gym or studio. A great home within close proximity (walking) to so many different A+ amenities in Dallas – fantastic restaurants + nightlife + Whole Foods + shopping. Katy Trail roughly 0.65 miles away.

Investor Tools

$734,790

Estimated Property Value

$0Estimated Mortgage Balance

$734,790Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,409 /month

Positive

Cash Flow Estimate:

$1,470 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,516/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,524

$734,790

2025

$400,000

$334,790

$734,790

Tax History

Year

Tax Paid

Assessed Value

2024

$14,524

$734,790

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$734,790

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,350/mo

N/A

+$2,350/mo

3.8%

Learn About the Market: Opportunity in Dallas

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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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