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$239,300

NAL Estimated Property Value

2644 Cypress Ave, Dallas, TX, 75227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,388 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.83 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Linoleum, Tile

Exterior

Lot Size22,055 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000629454500000
Lot Number28A
SubdivisionPrice
Land UseResidential
Legal DescriptionPRICE SUBDIVISION BLK 6740 LT 28A INT202400242606 DD11262024 CO-DC 6740 000 28A00 3006740 000
Census Tract012000
Assessed Land Value$72,000
Assessed Improvement Value$167,300
Assessment Year2025

About this property

Multiple offers received! Deadline for submission is 11.3.24 at 6 pm. Welcome to this charming three bedroom, two bathroom home nestled on a spacious lot of just over half an acre, providing the perfect blend of privacy and convenience. Step into the cozy living room featuring a wood-burning fireplace, ideal for relaxing evenings. The home also has a large covered back porch that’s perfect for entertaining or unwinding as you enjoy the tranquil surroundings. Outside, you’ll find a detached two car garage with ample space for a workshop and two additional rooms that can be used for extra storage, guest sleeping quarters or a range of uses with the window units for those 2 rooms. The entire property is enclosed by a chain-link fence, adding security and a safe space for pets and kids to play. Located just half a mile from JP Hawn Park, this home provides easy access to outdoor fun, with ample room to play, relax, and enjoy family time. Also located just minutes from Mesquite for shopping and dining. Easy access to I635 for commuting to work, school or play. Don’t miss out on the chance to make this unique property yours!

Investor Tools

Property Icon
$239,300
Estimated Property Value
$212,914Estimated Mortgage Balance
$26,386Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,436 /month
Positive
Cash Flow Estimate:
$479 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$101/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19
$239,300
2025
$72,000
$167,300
$239,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19
$239,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$218,750
No
First
Nov 26, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,914
$26,386
11%
89%
$1,312/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,312/mo
+$660/mo
9.9%

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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2644 Cypress Ave | Property Details | No Agent List