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$236,000

NAL Estimated Property Value

2646 Oates Dr, Dallas, TX, 75228

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,337 Sq Ft
price_per_sqft$168.21 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size8,616 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000710371000000
Lot Number19
SubdivisionShiloh Terrace No 3
Land UseResidential
Legal DescriptionSHILOH TERRACE NO 3 BLK B/7306 LT 19 ACS 0.1978 LESS ROW INT202400167865 DD08142024 CO-DC 7306 00B 01900 3007306 00B
Census Tract012301
Assessed Land Value$48,000
Assessed Improvement Value$174,610
Assessment Year2025

About this property

Nestled in the heart of Dallas, Texas, 2646 Oates Dr offers the rare opportunity to transform a mid-century fixer upper into your dream home! With its prime location, this property presents endless potential for investors or homeowners seeking to customize their living space. Boasting a spacious floor plan and ample natural light, this residence invites creativity and imagination. Whether you're looking to renovate and flip for profit or create a personalized haven, this property provides the ideal canvas for your vision. The home features 3 full bedrooms, 1.5 bathrooms, a large living area, wood floors throughout, a galley kitchen, large corner lot with mature trees, and a 2 car detached garage. Home is sold as-is, where-is with all faults, both known and unknown. Seller will do no repairs.

Investor Tools

Property Icon
$236,000
Estimated Property Value
$193,259Estimated Mortgage Balance
$42,741Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,975
$222,610
2025
$48,000
$174,610
$222,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,975
$222,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$199,500
No
First
Aug 14, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,259
$42,741
18%
82%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,197/mo
+$775/mo
10.0%

City: Dallas

2646 Oates Dr | Property Details | No Agent List