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$210,000

NAL Estimated Property Value

3010 Reed Lane, Dallas, TX, 75215

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.41 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven
FlooringLaminate

Exterior

Lot Size8,550 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN00000174748000000
Lot Number14
SubdivisionReed Addition
Land UseResidential
Legal Description01770A LOT 14 REED LANE INT202100154554 DD05212021 CO-DC 1770 000 01400 1001770 000
Census Tract020800
Assessed Land Value$65,000
Assessed Improvement Value$144,800
Assessment Year2025

About this property

You will love this home! Many updates! Recently installed AC unit, compressor, duct work, ceiling fans, windows, stove, flooring, kitchen and bathroom faucets, mini blinds. The roof is less than 2 years old. Large yard. Buyer and buyers agent to verify schools and measurements of rooms.

Investor Tools

Property Icon
$210,000
Estimated Property Value
$138,543Estimated Mortgage Balance
$71,457Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,689
$209,800
2025
$65,000
$144,800
$209,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,689
$209,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeside Financial Llc
Fha
$153,174
Yes
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,543
$71,457
34%
66%
$919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$919/mo
+$1,053/mo
11.3%

City: Dallas

3010 Reed Lane | Property Details | No Agent List