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Owner Contacts

$2,985,000

2707 State Street, Dallas, TX, 75204

$3,880,500 ARV

Off Market

5 Beds

7 Bath

6,860 Sq Ft

Single Family Residence

$333.09 / sqft

Built in 1987

Property Lead Type:

BankruptcyOff-Market ListDeal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5

Bathrooms 7

Garage Available

Heating Other

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Washer

FlooringCarpet, Laminate, Wood, Other

Exterior

Exterior FeaturesBalcony

Lot Size10,080 sqft

Building Information

Year Built1987

Stories3

Roof Type105

Garage Spaces4

Land Information

APN00000113503000000

Lot Number6

SubdivisionWorthington

Land UseCommercial

Legal DescriptionWORTHINGTON BLK B/562 LT 6 ACS 0.2314 72X140 INT201900080255 DD03292019 CO-DC 0562 00B 00600 1000562 00B

Census Tract001705

Assessed Land Value$1,008,000

Assessed Improvement Value$1,242,000

Assessment Year2025

About this property

Victorian style residence or commercial space built in 1986 in historic State Thomas features contemporary interior finishes. Three floors with elevator and 2 separate stair wells, 3-car oversized garage, concrete backyard driveway access with 6 car parking, and 6 assigned street parking passes. Perfect as residence with large spaces for home business, office, art studio, or as office space for law firm, architectural firm, etc. One mile from the Central Business District, close to Crescent office area. Walkability to Art District, Uptown, Whole Foods, restaurants, Klyde Warren Park. Beautiful porches and great street view. Enjoy!

Investor Tools

$2,985,000

Estimated Property Value

$0Estimated Mortgage Balance

$2,985,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$3,880,500

Rent-to-Value Ratio: 0.72%

Rent Estimate

$17,910 /month

Positive

Cash Flow Estimate:

$5,970 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$5,434/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$50,288

$2,250,000

2025

$1,008,000

$1,242,000

$2,250,000

Tax History

Year

Tax Paid

Assessed Value

2024

$50,288

$2,250,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$2,985,000

100%

$0/mo

Learn About the Market: Opportunity in Dallas

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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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