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Owner Contacts

$209,000

NAL Estimated Property Value

2967 S Edgefield Ave, Dallas, TX, 75224

Off Market

3 Beds

1 Bath

765 Sq Ft

Single Family Residence

$293.99 / sqft

Built in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

AppliancesDisposal, Gas Range, Ice Maker

FlooringWood

Exterior

Exterior FeaturesLighting

Lot Size8,203 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Land Information

APN00000488272000000

Lot Number4

SubdivisionWynnewood 5

Land UseResidential

Legal DescriptionWYNNEWOOD 5 BLK 11/6025 LT 4 INT202400121115 DD06142024 CO-DC 6025 011 00400 2006025 011

Census Tract006301

Assessed Land Value$80,000

Assessed Improvement Value$113,070

Assessment Year2025

About this property

Buyers financing fell through. Your opportunity to get into this this delightful property which offers a charming 3-bedroom, 1-bath home situated in the well-established community of Wynnewood. Extra large backyard with a double gate with alley access. Conveniently located approximately 5 miles south of downtown Dallas. Enjoy easy access to major roads, numerous city parks, Wynnewood Village, Mountain View Jr. College, Dallas Executive Airport, and the nearby Kiest Park, just a short stroll away. Sold As-Is Where Is, the seller will not be making any repairs. All information provided is deemed approximate and should be verified independently.

Investor Tools

$209,000

Estimated Property Value

$182,502Estimated Mortgage Balance

$26,498Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,349 /month

Positive

Cash Flow Estimate:

$450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$447/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,315

$193,070

2025

$80,000

$113,070

$193,070

Tax History

Year

Tax Paid

Assessed Value

2024

$4,315

$193,070

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Provident Funding Associates Lp

Conventional

$189,000

First

Jun 14, 2024

Jul 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$182,502

$26,498

12%

87%

$1,134/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,134/mo

+$838/mo

11.3%

Learn About the Market: Opportunity in Dallas

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