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$311,740

NAL Estimated Property Value

3003 Jerome St, Dallas, TX, 75223

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,955 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$126.98 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,109 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000201754000000
Lot Number1
SubdivisionPark View Annex
Land UseResidential
Legal DescriptionPARK VIEW ANNEX BLK B/2132 LOT 1 JEROME & ST CHARLES INT202000303727 DD10302020 CO-DC 2132 00B 00100 1002132 00B
Census Tract002500
Assessed Land Value$81,090
Assessed Improvement Value$230,650
Assessment Year2025

About this property

Great opportunity to build an affordable dream home on a large corner lot with professionally trimmed pecan trees! Lot is Build Ready & has been professionally leveled & benched. Electric lines have been relocated to the back East of property and is ready for Underground Service to the future property. Concrete drive approach and curbs have been removed. This property comes with a Permit to Build and the Right Away Permit from the City of Dallas. Existing building plans are available. No sign in yard!

Investor Tools

Property Icon
$311,740
Estimated Property Value
$223,326Estimated Mortgage Balance
$88,414Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,870 /month
Positive
Cash Flow Estimate:
$623 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$679/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,594
$311,740
2025
$81,090
$230,650
$311,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,594
$311,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Fha
$250,355
Yes
First
Oct 30, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,326
$88,414
28%
72%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,502/mo
+$470/mo
7.6%

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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3003 Jerome St | Property Details | No Agent List