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$245,730

NAL Estimated Property Value

2918 Idaho Ave, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,212 Sq Ft
price_per_sqft$202.15 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,585 sqft

Building Information

Year Built1935
Stories1
Roof Type105

Land Information

APN00000306058000000
Lot Number5
SubdivisionTrinity Heights Annex
Land UseResidential
Legal DescriptionTRINITY HEIGHTS ANNEX BLK 5/4129 LT 5 INT202300057027 DD03242023 CO-DC 4129 005 00500 2004129 005
Census Tract005600
Assessed Land Value$85,000
Assessed Improvement Value$160,730
Assessment Year2025

About this property

Taken down to the studs, not a stone left unturned. 3BR 2BA, brand new gas line, new HVAC, tankless hot water heater. Located 6 minutes from the Dallas Zoo in the vastly improved Trinity Heights area. This home will serve quite nicely as a move in ready personal home, great cash flowing rental or a profitable Airbnb. The oversized lot has a backyard that is ready for spring and summer.

Investor Tools

Property Icon
$245,730
Estimated Property Value
$221,426Estimated Mortgage Balance
$24,304Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,474 /month
Positive
Cash Flow Estimate:
$491 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,492
$245,730
2025
$85,000
$160,730
$245,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,492
$245,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$235,125
No
First
Mar 24, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,426
$24,304
9%
90%
$1,410/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,410/mo
+$562/mo
9.6%

City: Dallas

2918 Idaho Ave | Property Details | No Agent List