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Owner Contacts

$252,000

NAL Estimated Property Value

2963 Simpson Stuart Rd, Dallas, TX, 75241

Off Market

3 Beds

2 Bath

1,233 Sq Ft

Unimproved Land

Built in 2024

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

Exterior

Lot Size5,600 sqft

Building Information

Year Built2024

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000643183000000

Lot Number1

SubdivisionCarver Heights Addition #2

Land UseCommercial

Legal DescriptionCARVER HEIGHTS E 50FT LOT 1-50X110.72 INT202400083462 DD04232024 CO-DC 6890 016 00100 2006890 016

Census Tract011401

Assessed Land Value$50,400

Assessed Improvement Value$157,950

Assessment Year2025

About this property

Nice corner lot for an awesome price! Perfect for anyone who wants to construct a new build! Come and see for yourself. The attached lot is also for sale, 2959 Simpson Stuart

Investor Tools

$252,000

Estimated Property Value

$248,136Estimated Mortgage Balance

$3,864Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,512 /month

Positive

Cash Flow Estimate:

$504 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$209/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,252

$208,350

2025

$50,400

$157,950

$208,350

No

Tax History

Year

Tax Paid

Assessed Value

2024

$1,252

$208,350

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Tolleson Private Bank

Building Or Construction Loan

$252,200

No

First

Jun 3, 2025

Jul 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$248,136

$3,864

1%

98%

$1,513/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,513/mo

+$459/mo

9.4%

Learn About the Market: Opportunity in Dallas

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