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$109,000

2643 Custer Dr, Dallas, TX, 75216

$141,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.64 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesGas Water Heater

Exterior

Lot Size6,148 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000507418000000
Lot Number6081
SubdivisionSouthgate Annex 2
Land UseResidential
Legal DescriptionSOUTHGATE ANNEX 2 BLK 7/6081 LT 6081 007 01400 2006081 007
Census Tract008703
Assessed Land Value$80,000
Assessed Improvement Value$85,790
Assessment Year2025

About this property

Located at 2643 Custer Dr, this home offers strong upside potential for buyers looking to customize a property to their preferences. Featuring a functional floor plan and a versatile footprint, the home is ready for comprehensive updates, renovations, and modern improvements. Conveniently situated with easy access to major highways, public transit, local dining, and central Dallas commerce hubs. Property is offered in its current condition with seller making no repairs. Buyer and buyer's agent to independently verify all property information, room dimensions, square footage, taxes, and utility connections prior to closing. Bring your contractor and design vision to maximize this property's true potential! This property is subject to a 30 day First Look Period set by HUD. During this time, the seller will only consider offers from owner-occupants, public entities, and designated non-profit organizations. Investor offers will be considered starting on October 2, 2026.

Investor Tools

$45,194Estimated Mortgage Balance
$146,130Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$141,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

Interested in this property?

Lauren Taylor

Panther City Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,047
$165,790
2025
$80,000
$85,790
$165,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,047
$165,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Freedom Senior Funding Corp
Reverse Mortgage / Hecm
$94,500
No
First
Sep 16, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,194
$145,806
76%
24%
$523/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$523/mo
+$1,042/mo
9.8%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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2643 Custer Dr | Property Details | No Agent List