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Owner Contacts

$244,000

NAL Estimated Property Value

2939 Gospel Dr, Dallas, TX, 75237

Off Market

3 Beds

2 Bath

1,209 Sq Ft

Single Family Residence

$1.48 / sqft

Built in 2007

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range

Exterior

Lot Size7,249 sqft

Building Information

Year Built2007

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00692900050080000

Lot Number8

Land UseResidential

Legal DescriptionTRINITY MEADOWS BLK 5/6929 LT 8 INT201400263508 DD10102014 CO-DC 6929 005 00800 4DA6929 005

Census Tract010906

Assessed Land Value$60,000

Assessed Improvement Value$144,610

Assessment Year2025

About this property

NICE NEWER SINGLE STORY HOME, LIVING AREA, DINING AREA, OPEN KITCHEN, HIGH CEILINGS, LUXURY VINYL FLOORING IN LIVING AREA, LOTS OF WINDOWS, FRESH PAINT.. . NICE TILE FLOORING IN KITCHEN AND DINING AREA,,,,. FENCED YARD. TWO CAR GARAGE. MUST HAVE TWO YEARS GOOD RENTAL AND TWO YEARS EMPLOYMENT HISTORY AND 3 X RENT = INCOME.......PLEASE USE TAR APP.... MUST HAVE READY TO PUT DOWN WHEN APP IS APPROVED...... OUR APP FEE IS 50.00 PER PERSON OVER 18. . EMAIL AGENT IF YOU HAVE QUESTION...

Investor Tools

$244,000

Estimated Property Value

$48,464Estimated Mortgage Balance

$195,536Estimated Equity

80% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,464 /month

Positive

Cash Flow Estimate:

$488 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$502/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,805

$204,610

2025

$60,000

$144,610

$204,610

Tax History

Year

Tax Paid

Assessed Value

2024

$4,805

$204,610

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

M I F Services Inc

Unknown

$93,500

First

Aug 24, 2007

Sep 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$48,464

$195,536

80%

20%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

N/A

+$1,972/mo

9.7%

Learn About the Market: Opportunity in Dallas

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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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