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$233,400

2827 Modree Ave, Dallas, TX, 75216

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Refrigerator, Washer

Exterior

Lot Size8,131 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000447793000000
Lot Number32
SubdivisionSunnyvale Addition
Land UseResidential
Legal DescriptionSUNNYVALE BLK 2/5843 LOT 32 MODREE INT202400159558 DD07292024 CO-DC 5843 002 03200 2005843 002
Census Tract008704
Assessed Land Value$60,000
Assessed Improvement Value$173,400
Assessment Year2025

About this property

Step into this modern beautiful renovated home in the heart of Dallas! Featuring 4 bedrooms, 2 bathrooms and ample space for family entertainment. Don't miss this incredible opportunity schedule your showing today. Small dogs are welcomed with prior approval and deposit. Application fee is $75.00, one months rent, and security deposit. Unit also available furnished for 2200.00 a month. See transaction desk for rental criteria. All information is deemed reliable lessor and their agents are encouraged to verify all details.

Investor Tools

Property Icon
$233,400
Estimated Property Value
$161,700Estimated Mortgage Balance
$72,401Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,400 /month
Positive
Cash Flow Estimate:
$467 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,217
$233,400
2025
$60,000
$173,400
$233,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,217
$233,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$161,700
No
First
Feb 5, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,999
$72,401
31%
69%
$970/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$970/mo
+$1,002/mo
10.1%

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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2827 Modree Ave | Property Details | No Agent List