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$165,000

2705 Materhorn Drive, Dallas, TX, 75228

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths953 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.14 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Water Heater
FlooringHardwood, Tile

Exterior

Lot Size8,925 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000713503000000
Lot Number24
SubdivisionCasa View Heights No 9
Land UseResidential
Legal DescriptionCASA VIEW HEIGHTS NO 9 BLK B/7312 LT 24 INT202300000128 DD12302022 CO-DC 7312 00B 02400 3007312 00B
Census Tract012501
Assessed Land Value$65,000
Assessed Improvement Value$170,970
Assessment Year2025

About this property

MULTIPLE OFFER DEADLINE SET FOR FRIDAY, NOVEMBER 25TH AT 3:00PM. Mature shade trees in front & back of this retro 1-story on corner lot! Solid core front door with peep door, windows, HVAC & water heater have been updated. Step inside to hardwood floors & retro touches like the architectural accent door frame entry to the spacious living, decorative crown molding and the hexagonal tile floor in the bath. Living wraps to dining with access to kitchen with dishwasher & hook-ups for a gas range. Bedrooms with ceiling fans. Outside finds detached garage with attached carport and extended pavestone patio stamp. Cosmetic touches will add the charm to this deal. Selling As-Is.

Investor Tools

Property Icon
$235,970
Estimated Property Value
$0Estimated Mortgage Balance
$104,933Estimated Equity
100% 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
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,274
$235,970
2025
$65,000
$170,970
$235,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,274
$235,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$139,875
No
First
Dec 30, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,037
$104,933
44%
56%
$839/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$839/mo
+$726/mo
8.0%

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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2705 Materhorn Drive | Property Details | No Agent List