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Owner Contacts

$197,000

3038 Marjorie Avenue, Dallas, TX, 75216

Off Market

3 Beds

1 Bath

1,124 Sq Ft

Single Family Residence

$137.9 / sqft

Built in 1953

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesGas Cooktop, Gas Oven, Plumbed For Ice Maker

FlooringCeramic Tile, Laminate

Exterior

Lot Size7,172 sqft

Building Information

Year Built1953

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000447415000000

Lot Number30

SubdivisionAnn Arbor

Land UseResidential

Legal DescriptionANN ARBOR BLK F/5842 LT 30 INT202100150246 DD05172021 CO-DC 5842 00F 03000 2005842 00F

Census Tract008701

Assessed Land Value$70,000

Assessed Improvement Value$120,270

Assessment Year2025

About this property

YOU WILL FALL IN LOVE WITH THIS HOUSE,SUPER CLEAN,OPEN CONCEPT, A LOTS OF WINDOWS FOR NATURAL LIGHT ENJOYMENT,NEW FLOORING THROUGHT THE HOUSE,THE KITCHEN HAVE MANY CABINETS SPACE,GAS RANGE VERY SPACIOUS KITCHEN,LARGE LIVING ROOM, LARGE BEDROOMS WITH WALKING CLOSETS,VERY LARGE BACK YARD,NEW ROOF,NEW WINDOWS,THIS HOUSE IS MOVING READY, DON'T LET THIS ONE GO BY.

Investor Tools

$197,000

Estimated Property Value

$0Estimated Mortgage Balance

$72,667Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,182 /month

Positive

Cash Flow Estimate:

$394 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$290/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,501

$190,270

2025

$70,000

$120,270

$190,270

Tax History

Year

Tax Paid

Assessed Value

2024

$2,501

$190,270

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Fha

$137,464

Yes

First

May 17, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$124,333

$72,667

36%

63%

$825/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$825/mo

+$1,147/mo

12.0%

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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