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Owner Contacts

$224,060

2703 Nicholson Drive, Dallas, TX, 75224

Off Market

2 Beds

1 Bath

828 Sq Ft

Single Family Residence

$240.34 / sqft

Built in 1951

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Vented Exhaust Fan, Gas Water Heater

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage

Lot Size8,214 sqft

Building Information

Year Built1951

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000469699000000

Lot Number37

SubdivisionWynnewood Sec 2

Land UseResidential

Legal DescriptionWYNNEWOOD 2 SEC 2 BLK 15/5975 LT 37 INT202100242663 DD08132021 CO-DC 5975 015 03700 4DA5975 015

Census Tract006200

Assessed Land Value$95,000

Assessed Improvement Value$129,060

Assessment Year2025

About this property

Super cute 2 bedroom home with updated flooring in living areas and original hardwood floors in bedrooms! Covered front porch with a swing & a large deck in the back, great places for sipping beverages, barbecuing & get togethers! Large back yard with grass and a huge storage building! Central HVAC system! Nice floorplan, the space was used well in this home! One car garage with double poured driveway for more than one car, rare find! MUST SEE THIS ONE BEFORE IT'S GONE!

Investor Tools

$224,060

Estimated Property Value

$0Estimated Mortgage Balance

$61,948Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,344 /month

Positive

Cash Flow Estimate:

$448 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$511/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,008

$224,060

2025

$95,000

$129,060

$224,060

Tax History

Year

Tax Paid

Assessed Value

2024

$5,008

$224,060

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Bank Financial

Conventional

$178,200

First

Aug 13, 2021

Sep 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$162,112

$61,948

27%

72%

$1,069/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,069/mo

+$496/mo

8.4%

Learn About the Market: Opportunity in Dallas

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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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