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Owner Contacts

$316,000

NAL Estimated Property Value

2720 E Illinois Avenue, Dallas, TX, 75216

Off Market

4 Beds

3 Bath

1,868 Sq Ft

$123.07 / sqft

Built in 2019

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size9,600 sqft

Building Information

Year Built2019

Stories1

Roof Type105

Garage Spaces2

Land Information

APN006086000B0230000

Lot Number23

SubdivisionHoney

Land UseResidential

Legal DescriptionHONEY CREST HEIGHTS ADDN BLK B/6086 LOT 23 INT202000180141 DD07092020 CO-DC 6086 00B 02300 4DA6086 00B

Census Tract008802

Assessed Land Value$70,000

Assessed Improvement Value$239,560

Assessment Year2025

About this property

New Stone & Brick Beauty! 4Bedroom,2.5 Baths, with Custom Cabinets, finished out 2 car Garage One Story just for You! Including Engineer wood floors, Elegant Tile floors Through out with some carpet. Large Backyard for the Kiddos to Play. Close to Schools, Parks, Shopping, and Quick access to Highways. Hurry on by before this one is Gone!!

Investor Tools

$316,000

Estimated Property Value

$196,700Estimated Mortgage Balance

$119,300Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,896 /month

Positive

Cash Flow Estimate:

$632 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$502/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,444

$309,560

2025

$70,000

$239,560

$309,560

Tax History

Year

Tax Paid

Assessed Value

2024

$4,444

$309,560

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$221,854

First

Jul 8, 2020

Jul 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$196,700

$119,300

37%

62%

$1,331/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,331/mo

+$1,241/mo

9.8%

Learn About the Market: Opportunity in Dallas

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