35Days on Market

1view

$2,200

2847 Metropolitan Ave, Dallas, TX, 75215

On Market

3 Beds

1 Bath

1,344 Sq Ft

Single Family Residence

$1.64 / sqft

Built in 1930

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Gas Oven, Microwave, Refrigerator

FlooringLaminate

Exterior

Lot Size5,130 sqft

Building Information

Year Built1930

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000190027000000

Lot Number12

SubdivisionOakland Ave

Land UseResidential

Legal DescriptionOAKLAND AVE BLK C/1969 LOT 12 METROPOLITAN AVE INT202000259940 DD09222020 CO-DC 1969 00C 01200 1001969 00C

Census Tract003700

Assessed Land Value$50,000

Assessed Improvement Value$131,180

Assessment Year2025

About this property

Now available for lease in the historic Wheatley Place community 2847 Metropolitan Ave is full of charm, warmth and character just minutes from Downtown Dallas. This charming 3 bedroom, 1 bath home features approximately 1,344 sq ft of living space with a cozy atmosphere that instantly feels like home. Conveniently located just minutes from Highway 175, I45, and I30, commuting throughout Dallas is quick and easy. Enjoy being approximately 10 minutes from Downtown Dallas, Fair Park, Deep Ellum, dining, shopping, and entertainment while still enjoying the charm of a historic neighborhood. 3 Bedrooms 1 Bathroom Approx. 1,344 Sq Ft Approximately 10 Minutes to Downtown Dallas Easy Access to Hwy 175, I45 & I30 Historic Neighborhood Charm Spacious Yard Move In Ready

Investor Tools

$181,180

Estimated Property Value

$33,830Estimated Mortgage Balance

$147,447Estimated Equity

81% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,087 /month

Positive

Cash Flow Estimate:

$362 /month

Interested in this property?

Morrissa Reid

Refind Realty DFW

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$244/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,016

$181,180

2025

$50,000

$131,180

$181,180

Tax History

Year

Tax Paid

Assessed Value

2025

$2,016

$181,180

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guild Mortgage Co

Fha

$144,337

Yes

First

Sep 22, 2020

Oct 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$128,494

$81,506

38%

71%

$866/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$866/mo

+$1,106/mo

13.1%

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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