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Owner Contacts

$188,000

NAL Estimated Property Value

3018 51st St, Dallas, TX, 75216

Off Market

3 Beds

2 Bath

932 Sq Ft

$198.5 / sqft

Built in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range

FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters

Lot Size7,279 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000446347000000

Lot Number6

SubdivisionSecond Section Of Ann Arbor Addition

Land UseResidential

Legal DescriptionANN ARBOR BLK 5841 LT 6 51ST ST INT202400095246 DD05092024 CO-DC 5841 000 00600 2005841 000

Census Tract008701

Assessed Land Value$70,000

Assessed Improvement Value$95,620

Assessment Year2025

About this property

Welcome to this bright and inviting home. Natural light fills the open living space, highlighting warm wood looking floors, soft neutral tones, and a seamless layout perfect for both relaxing and entertaining. The home offers a welcoming entry, charming details, and comfortable living throughout. Step outside to a spacious grassy backyard—ideal for gatherings, pets, or quiet outdoor moments. Conveniently located near major highways including I-45 and Loop 12, with easy access to parks, schools, and local amenities.

Investor Tools

$188,000

Estimated Property Value

$144,621Estimated Mortgage Balance

$43,379Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,128 /month

Positive

Cash Flow Estimate:

$376 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$386/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,688

$165,620

2025

$70,000

$95,620

$165,620

Tax History

Year

Tax Paid

Assessed Value

2025

$3,688

$165,620

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$150,500

First

May 9, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$144,621

$43,379

23%

77%

$903/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$903/mo

+$1,069/mo

12.6%

Learn About the Market: Opportunity in Dallas

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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.

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