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$571,000

NAL Estimated Property Value

2915 Norris St, Dallas, TX, 75214

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,198 Sq Ft
price_per_sqft$307.18 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size5,724 sqft

Building Information

Year Built1921
Stories1
Roof Type172
Garage Spaces2

Land Information

APN00000233329000000
Lot Number18
SubdivisionLakeview Heights
Land UseResidential
Legal DescriptionLAKEVIEW HEIGHTS BLK 2846 PT LT 18 ACS 0.1314 145FR VANDERBILT INT201900284603 DD10182019 CO-DC 2846 000 01800 1DA2846 000
Census Tract000201
Assessed Land Value$343,440
Assessed Improvement Value$176,710
Assessment Year2025

About this property

Eclectic Spanish mission bungalow on quiet Lakewood Heights street zoned to Mockingbird Elem. Outdoor living spaces are enhanced by patios, ironworks and whimsical mosaics by famed landscape architect Robert Bellamy. Sizable kitchen with breakfast bar and newer appliances. Both living areas are well proportioned. The home includes a back building constructed in 2010 that contains TWO SEPARATE 10 x 13 studios with central HVAC plus an oversized one-car garage. Full sized utility room. Storage shed. Pricing takes needed foundation, stucco and roof repairs into consideration. Contact agent for estimates. Will likely need to be sold AS IS or with RENOVATION LOAN.

Investor Tools

Property Icon
$571,000
Estimated Property Value
$260,356Estimated Mortgage Balance
$310,644Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,426 /month
Positive
Cash Flow Estimate:
$1,142 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,101/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,353
$520,150
2025
$343,440
$176,710
$520,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,353
$520,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$299,250
No
First
Oct 18, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,356
$310,644
54%
46%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
$1,795/mo
$-45/mo
3.7%

City: Dallas

2915 Norris St | Property Details | No Agent List