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$399,000

$410,000

3038 Ramsey Ave, Dallas, TX, 75216

$418,607 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.7 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,392 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000304888000000
Lot Number10
SubdivisionFreemont
Land UseResidential
Legal DescriptionFREEMONT BLK 17/4113 LOT 10 INT202400076621 DD02282024 CO-DC 4113 017 01000 2004113 017
Census Tract005600
Assessed Land Value$85,000
Assessed Improvement Value$281,640
Assessment Year2025

About this property

Welcome to 3038 Ramsey! This newer construction, modern farmhouse is perfectly situated in the heart of Dallas. Located just minutes from the all new Halperin Deck Park over I-35E, the new Target in redeveloping Wynnewood Village, and the Bishop Arts District, the area is booming with development. The home features 4 exceptionally large bedrooms with the front bedroom currently being used as a second living area. The split bedroom plan provides privacy for each space while offering ample communal space in the massive great room. Even better, this home features unexpected upgrades like Lutron smart switches with dimmers, tamper resistant plugs for those with little ones, an enormous back patio for hosting backyard bbqs, an 8' privacy fence of the fully sodded yard, and even expanded attic decking for extra storage (among so much more). Whether you're looking for an affordable home that offers an easy commute to Downtown Dallas, your first place, or an excellent investment opportunity in fast-developing East Oak Cliff, this property fits the bill. So come experience all that this jewel has to offer.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$360,840Estimated Mortgage Balance
$64,391Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$418,607
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

Albany Shaw

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,504
$366,640
2025
$85,000
$281,640
$366,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,504
$366,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$360,840
No
First
Feb 28, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,609
$64,391
15%
84%
$2,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,164/mo
+$408/mo
7.5%

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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3038 Ramsey Ave | Property Details | No Agent List