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$184,610

NAL Estimated Property Value

2657 Locust Avenue, Dallas, TX, 75216

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths796 Sq Ft
price_per_sqft$175.75 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Gas Range, Microwave, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,704 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000508234000000
Lot Number3
SubdivisionSouthgate 3
Land UseResidential
Legal DescriptionSOUTHGATE 3 BLK 11/6082 LT 3 INT202100247841 DD08192021 CO-DC 6082 011 00300 2006082 011
Census Tract008703
Assessed Land Value$80,000
Assessed Improvement Value$104,610
Assessment Year2025

About this property

HONEY, STOP THE CAR, AND SLOW YOUR SCROLL, BECAUSE THE HOME SEARCH IS OVER. THIS RECENTLY REMODELED, ADORABLE AND AFFORDABLE HOME, HAS AN OPEN FLOOR CONCEPT THAT WHISPERS 'WELCOME HOME'. WITH TONS OF NATURAL LIGHT, THIS HOME HAS BEEN SO METICULOUSLY KEPT, I THINK MR. CLEAN LIVED HERE. THIS HOUSE BOASTS BUTCHER BLOCK COUNTERTOPS WITH A SUBWAY TILE BACKSPLASH, STAINLESS STEEL APPLIANCES, RAISED PANEL CABINETRY, LUXURY VINYL PLANK FLOORING, A NEW HVAC, NEW SEWER LINES, EXTENDED DRIVEWAY, AND A BIG BACK YARD GREAT FOR ENTERTAINING GUESTS. THIS HOME IS A MUST SEE AND IS PRICED TO SELL. TO MAKE THIS YOUR 'FOREVER HOME' SCHEDULE YOUR SHOWING TODAY BEFORE ITS GONE. RUN, DON'T WALK BECAUSE THIS ONE WON'T LAST LONG!!!

Investor Tools

Property Icon
$184,610
Estimated Property Value
$116,262Estimated Mortgage Balance
$68,348Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,108 /month
Positive
Cash Flow Estimate:
$369 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,086
$184,610
2025
$80,000
$104,610
$184,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,086
$184,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Building Or Construction Loan
$127,800
No
First
Aug 19, 2021
Sep 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,262
$68,348
37%
63%
$767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$767/mo
+$798/mo
10.2%

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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2657 Locust Avenue | Property Details | No Agent List