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$254,600

2803 Grafton Ave, Dallas, TX, 75211

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.21 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size6,768 sqft

Building Information

Year Built1948
Stories1
Roof Type105

Land Information

APN00000293074000000
Lot Number28
SubdivisionSunset
Land UseResidential
Legal DescriptionSUNSET CREST BLK 7/3855 LT 28 VOL96203/2607 DD09161996 CO-DC 3855 007 02800 2003855 007
Census Tract005300
Assessed Land Value$100,000
Assessed Improvement Value$154,600
Assessment Year2025

About this property

This home has been updated on exterior including roof about 2 years old. The exterior paint done. The rest is up to you. Interior is gutted so you can make it what you want it to be. No showing on interior until offer to purchase. Subfloor is missing but seller is leaving some extra material for sub floor. Call agent with all questions. Priced to sell and when you are done with the interior you will have a brand new home.

Investor Tools

Property Icon
$254,600
Estimated Property Value
$10,490Estimated Mortgage Balance
$254,401Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,528 /month
Positive
Cash Flow Estimate:
$509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,690
$254,600
2025
$100,000
$154,600
$254,600
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,690
$254,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vernon W Durbin Jr
Seller Carryback / Seller Financing / Seller Take-Back
$10,490
No
First
Sep 16, 1996
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199
$254,401
99%
0%
$63/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$63/mo
+$1,502/mo
7.4%

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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2803 Grafton Ave | Property Details | No Agent List