$258,250
NAL Estimated Property Value2902 Grafton Ave, Dallas, TX, 75211
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Range, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile
Exterior
Lot Size8,838 sqft
Building Information
Year Built1943
Stories1
Roof Type105
Land Information
APN00000355591000000
SubdivisionWestmoreland Heights
Land UseResidential
Legal DescriptionWESTMORELAND HEIGHTS BLK L/5027 LOT 16 GRAFTON & RAVINIA DR INT202300001522 DD12192022 CO-DC 5027 00L 01600 2005027 00L
Census Tract006402
Assessment Year2025
About this property
Beautifully updated home located in the heart of Oak Cliff. Some of the many features include open floor plan, fresh interior and exterior paint, new cabinetry, new flooring, tankless water heater, all new windows, corner lot and much more! Enjoy cooking in your brand new kitchen with stainless steel appliances. With the holidays around the corner the huge backyard will be perfect for family gatherings and entertaining guest. Only 10 minutes away from Bishop Arts and quick access to I30 and I35.
Investor Tools
$258,250
Estimated Property Value
$236,400Estimated Mortgage Balance
$21,850Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,550 /month
Positive
Cash Flow Estimate:
$517 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,772
$258,250
2025
N/A
N/A
$258,250
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,772
$258,250
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$252,345
Yes
First
Dec 19, 2022
Jan 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,400
$21,850
8%
92%
$1,513/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,513/mo
+$52/mo
7.3%
