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$550,620

NAL Estimated Property Value

2946 Reservoir Street, Dallas, TX, 75211

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.48 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringWood

Exterior

Lot Size17,448 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00000784804000000
Lot Number42B
SubdivisionKenwood
Land UseResidential
Legal DescriptionKENWOOD LT 42B 100X171.5 RESERVOIR & WISTERIA INT202200048103 DD02172022 CO-DC 8016 002 42B00 2008016 002
Census Tract010809
Assessed Land Value$133,480
Assessed Improvement Value$417,140
Assessment Year2025

About this property

This absolutely stunning oversized corner residential lot has an artist retreat feel offering convenience to major highways, no HOA, and a quiet country-like setting! The natural landscaping oozes charm and has amazing potential! Sitting on the fenced lot is an UNLIVABLE and UNSAFE structure that previously suffered a fire, but could be taken to the studs and rebuilt, or torn down and built from scratch. Entry into the structure is expressly prohibited. Listing agent approval is required to tour the land. CASH ONLY AND AS-IS sale due to condition. All viewers must sign Redfin's property site visit release form prior to touring. Seller will consider deal with adjacent property 2938 Reservoir.

Investor Tools

Property Icon
$550,620
Estimated Property Value
$0Estimated Mortgage Balance
$550,620Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,304 /month
Positive
Cash Flow Estimate:
$1,101 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,609
$550,620
2025
$133,480
$417,140
$550,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,609
$550,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$550,620
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
4.3%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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2946 Reservoir Street | Property Details | No Agent List