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$255,000

2818 Le Clerc Ave, Dallas, TX, 75210

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,227 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.22 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet

Exterior

Lot Size5,678 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000215560000000
Lot Number5
SubdivisionLecleres O & Wife Subdivision
Land UseResidential
Legal DescriptionO LECLERC & WIFE BLK B/2411 LT 5 INT202200319525 DD12192022 CO-DC 2411 00B 00500 1002411 00B
Census Tract002703
Assessed Land Value$48,260
Assessed Improvement Value$184,290
Assessment Year2025

About this property

INCOME RESTRICTED. FOR QUALIFIED BUYERS ONLY between 80%-120% AMI. Please see last picture & private remarks for buyer qualification criteria. Beautiful modern construction with open concept floor plan and calacutta quartz countertops & Stainless steel appliances. It is in the heart of a major transformation and development.. Minutes away from Fair Park and Downtown. This is an excellent opportunity under the affordable housing program and makes home ownership dream come true. There are quite a few programs that are providing down payment assistance to qualified buyers like DHAP, NACA and banks like BoA and Wells Fargo. Even with high interest rates, it's better than renting. Pictures are of another property which is similar to this one, this property is about 3 weeks from completion.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$193,500Estimated Mortgage Balance
$73,726Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,198
$232,550
2025
$48,260
$184,290
$232,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,198
$232,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Conventional
$193,500
No
First
Dec 19, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,274
$73,726
28%
71%
$1,161/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,161/mo
+$811/mo
9.3%

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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2818 Le Clerc Ave | Property Details | No Agent List