Street View

0Days on Market

4view

$139,000

2923 56th St, Dallas, TX, 75241

On Market

Just Added

2 Beds

1 Bath

986 Sq Ft

Single Family Residence

$140.97 / sqft

Built in 1956

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesNone

Exterior

Lot Size7,721 sqft

Building Information

Year Built1956

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000635752000000

Lot Number17

SubdivisionCorrigan Gardens Addition

Land UseResidential

Legal DescriptionCORRIGAN GARDENS BLK 3/6857 LT 17 INT201700259940 DD09112017 CO-DC 6857 003 01700 2006857 003

Census Tract008705

Assessed Land Value$63,000

Assessed Improvement Value$92,050

Assessment Year2025

About this property

Needs TLC investor friendly. Possible owner finance please call 214-576-6743 for details.

Investor Tools

$157,000

Estimated Property Value

$57,750Estimated Mortgage Balance

$109,926Estimated Equity

63% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$942 /month

Positive

Cash Flow Estimate:

$314 /month

Interested in this property?

Cecilia Williams

Next Level Realty

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$353/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,453

$155,050

2025

$63,000

$92,050

$155,050

Tax History

Year

Tax Paid

Assessed Value

2025

$3,453

$155,050

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Visio Financial Services Inc

Conventional

$57,750

First

Sep 11, 2017

Oct 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$47,074

$109,926

70%

30%

$347/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$347/mo

+$1,218/mo

12.0%

Learn About the Market: Opportunity in Dallas

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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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