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Owner Contacts

$256,480

NAL Estimated Property Value

2844 Farragut St, Dallas, TX, 75215

Off Market

3 Beds

2 Bath

1,293 Sq Ft

Unimproved Land

$201.94 / sqft

Built in 2022

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

Exterior

Lot Size3,754 sqft

Building Information

Year Built2022

Stories1

Roof Type105

Land Information

APN00000322885000000

Lot Number12

SubdivisionLincoln Place

Land UseResidential

Legal DescriptionLINCOLN PLACE BLK 2/4431 LT 12 INT202300073608 DD04132023 CO-DC 4431 002 01200 1004431 002

Census Tract020800

Assessed Land Value$37,540

Assessed Improvement Value$218,940

Assessment Year2025

About this property

Residential interior lot close to highway, Downtown Dallas, and Fair Park.

Investor Tools

$256,480

Estimated Property Value

$245,464Estimated Mortgage Balance

$11,016Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,539 /month

Positive

Cash Flow Estimate:

$513 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$445/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,057

$256,480

2025

$37,540

$218,940

$256,480

No

Tax History

Year

Tax Paid

Assessed Value

2024

$4,057

$256,480

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$260,200

Yes

First

Apr 13, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$245,464

$11,016

4%

96%

$1,561/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,561/mo

+$411/mo

9.2%

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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