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$262,000

NAL Estimated Property Value

2807 Falls Dr, Dallas, TX, 75211

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,068 Sq Ft
price_per_sqft$279.96 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Lot Size6,673 sqft

Building Information

Year Built1946
Stories1
Roof Type105

Land Information

APN00000464833000000
Lot Number15
SubdivisionWestmoreland Heights 4
Land UseResidential
Legal DescriptionWESTMORELAND HEIGHTS 4 BLK 4/5963 LOT 15 INT202200135613 DD05122022 CO-DC 5963 004 01500 2005963 004
Census Tract006401
Assessed Land Value$100,000
Assessed Improvement Value$153,930
Assessment Year2025

About this property

Charming three bedroom two bathroom home located in Oak Cliff! This stunning one story home features an open floor plan, new tankless water heater, new roof and new hvac. Enjoy cooking in your newly updated kitchen. Kitchen upgrades include new cabinetry, new SS appliances, recessed lighting new backsplash and quartz counter tops. Large backyard that is perfect for family gatherings and pets. Other upgrades include fresh interior and exterior paint and new flooring through out the entire home. Only minutes away from grocery stores, 11 minutes from Bishop Arts and I35!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$271,606Estimated Mortgage Balance
$262,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,688
$253,930
2025
$100,000
$153,930
$253,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,688
$253,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$293,584
Yes
First
May 12, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,606
N/A
0%
104%
$1,761/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,761/mo
+$211/mo
9.0%

City: Dallas

2807 Falls Dr | Property Details | No Agent List