6view

Owner Contacts

$168,590

NAL Estimated Property Value

2642 Exeter Ave, Dallas, TX, 75216

Off Market

2 Beds

1 Bath

721 Sq Ft

$242.72 / sqft

Built in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesNone

FlooringLaminate

Exterior

Lot Size6,336 sqft

Building Information

Year Built1949

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000507334000000

Lot Number2

SubdivisionSouthgate 1

Land UseResidential

Legal DescriptionSOUTHGATE 1 BLK 6/6081 LOT 2 INT202300092749 DD04262023 CO-DC 6081 006 00200 2006081 006

Census Tract008703

Assessed Land Value$80,000

Assessed Improvement Value$88,590

Assessment Year2025

About this property

Under $200,000! Great starter home perfect for a small family, 1st time home buyer, or investment! The home features 3 bedrooms with new flooring, ceramic tile in wet areas, fresh paint, and a spacious backyard with a large shed. A must-see!

Investor Tools

$168,590

Estimated Property Value

$157,467Estimated Mortgage Balance

$11,123Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,050 /month

Positive

Cash Flow Estimate:

$350 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$380/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,713

$168,590

2025

$80,000

$88,590

$168,590

Tax History

Year

Tax Paid

Assessed Value

2024

$3,713

$168,590

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primary Residential Mortgage Inc

Fha

$166,920

Yes

First

Apr 26, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$157,467

$11,123

93%

$1,001/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,001/mo

+$564/mo

11.1%

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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