6view

Owner Contacts

$315,150

NAL Estimated Property Value

2928 Southwood Dr, Dallas, TX, 75233

Off Market

2 Beds

2 Bath

1,441 Sq Ft

$186.68 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Oven

FlooringVinyl

Exterior

Lot Size10,581 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000659815000000

Lot Number4

SubdivisionSouthwood

Land UseResidential

Legal DescriptionSOUTHWOOD ESTATES NO 3 BLK 1/6972 LOT 4 INT202400230185 DD10252024 CO-DC 6972 001 00400 2DA6972 001

Census Tract010806

Assessed Land Value$70,000

Assessed Improvement Value$245,150

Assessment Year2025

About this property

Nice, well maintained 2-2-2 in Southwood Estates. Home features 2 nice size bedrooms, galley kitchen, utility closet, formal living and dining room, with a family room that features built-ins, a fireplace, ceiling fans and wood paneling. Recent LVP flooring throughout. Ceiling fans and recent roof. Retro tile bathrooms in great shape. This home also features a patio, large treed backyard and backs up to a greenbelt with walking trails. This home is ready to add your personal touches and enjoy for many years. Convenient to shopping, schools, highways and shopping.

Investor Tools

$315,150

Estimated Property Value

$253,569Estimated Mortgage Balance

$61,581Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,891 /month

Positive

Cash Flow Estimate:

$630 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$283/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,817

$315,150

2025

$70,000

$245,150

$315,150

Tax History

Year

Tax Paid

Assessed Value

2024

$1,817

$315,150

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nuwave Lending Llc

Conventional

$260,930

First

Oct 25, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$253,569

$61,581

19%

80%

$1,565/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

+$0/mo

6.0%

Learn About the Market: Opportunity in Dallas

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