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$200,000

2816 Encino Dr, Dallas, TX, 75228

Under ContractInfo
Beds3 Beds
Baths1 Bath
Baths1,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.4 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Refrigerator
FlooringLaminate, Tile, Vinyl

Exterior

Lot Size8,068 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APN00000387199000000
Lot Number11
SubdivisionCasa View Heights
Land UseResidential
Legal DescriptionCASA VIEW HEIGHTS BLK 34/5372 LOT 11 VOL98235/2373 DD112498 CO-DALLAS 5372 034 011 3005372 034
Census Tract012701
Assessed Land Value$60,000
Assessed Improvement Value$124,820
Assessment Year2025

About this property

Welcome to this well-maintained 3-bedroom, 1-bath home in a convenient Dallas location—perfect for first-time buyers or families looking for a comfortable place to call home. Currently tenant-occupied, with the lease scheduled to end prior to closing, this property offers a great opportunity for a smooth transition into homeownership. Upon entry, you’re welcomed into a bright and inviting living area filled with natural light and complemented by durable laminate flooring throughout the main spaces. The layout flows seamlessly into the dining area, making it ideal for both everyday living and entertaining. The kitchen features a gas range, dishwasher, butcher-block style countertops, and a stylish backsplash for a modern touch. Originally converted prior to current ownership, the garage now serves as a versatile third bedroom and can also function as a second living area, home office, or flex space to suit your needs. Additional updates include laminate flooring (2020), a new roof (2016), and AC unit replaced 2018 with an oversized 3.5 ton unit. French doors bring in abundant natural light and open to a large fenced backyard, complete with a spacious deck—perfect for gatherings—as well as an outdoor storage shed equipped with electricity and lighting for added functionality. Ideally located just a few blocks from Casa View Elementary (within walking distance), and a short drive to White Rock Lake, where you can enjoy scenic biking paths, parks, and outdoor recreation. With no HOA and approximately a 20-minute drive to Downtown Dallas, this home offers easy access to major highways, shopping, dining, and everyday conveniences.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$77,600Estimated Mortgage Balance
$148,555Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,115
$184,820
2025
$60,000
$124,820
$184,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,115
$184,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Stand Alone First / Home Equity First Lien
$77,600
No
First
Oct 27, 2015
Nov 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,788
$153,212
71%
29%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
9.0%

Learn About the Market: Opportunity in Dallas

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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.

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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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2816 Encino Dr | Property Details | No Agent List