B+

NoAgentList RatingHow are grades calculated?

84Days on Market

4view

$204,000

2651 Anderson Street, Dallas, TX, 75215

On Market

3 Beds

2 Bath

1,266 Sq Ft

Single Family Residence

$161.14 / sqft

Built in 2001

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Range, Gas Water Heater

Exterior

Lot Size5,151 sqft

Building Information

Year Built2001

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000219829000000

Lot Number11

SubdivisionIdeal

Land UseResidential

Legal DescriptionIDEAL BLK 5/2509 LT 11 INT201600124680 DD05062016 CO-DC 2509 005 01100 1002509 005

Census Tract020800

Assessed Land Value$51,510

Assessed Improvement Value$150,920

Assessment Year2025

About this property

Great starter home in a transitioning area nestled between I-45 and I-75. This 3 bedroom 2 bath brick home with a flex room or office features plank wood flooring, thermal windows and a covered patio deck. Ideally situated just minutes from Downtown Dallas, Fair Park, and Deep Ellum, this property offers unbeatable access to major highways, dining, entertainment, and key employment hubs. Enjoy the benefits of nearby development and growth in one of Dallas’ most convenient locations

Investor Tools

$85,093Estimated Mortgage Balance

$127,907Estimated Equity

60% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,278 /month

Positive

Cash Flow Estimate:

$426 /month

Interested in this property?

Lucy Bernal

Ultima Real Estate

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$261/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,072

$202,430

2025

$51,510

$150,920

$202,430

Tax History

Year

Tax Paid

Assessed Value

2025

$2,072

$202,430

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Real Estate Mortgage Network

Fha

$108,007

Yes

First

May 6, 2016

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$85,093

$127,907

60%

40%

$648/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$648/mo

+$1,324/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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