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$263,060

NAL Estimated Property Value

3073 El Tovar Ave, Dallas, TX, 75233

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,591 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.28 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Convection Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,200 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000660511000000
Lot Number13
SubdivisionParkway
Land UseResidential
Legal DescriptionPARKWAY ESTATES NO 2 BLK B/6979 LT 13 INT202200097736 DD04072022 CO-DC 6979 00B 013 2DA6979 00B
Census Tract010805
Assessed Land Value$50,000
Assessed Improvement Value$213,060
Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED** -- Seller requests highest and best submission by 6 p.m. on Saturday, March 5, 2022 -- With 4 public parks and nature preserves nearby, this charming 1960's ranch-style home home feels like a serene escape despite sitting at the heart of trendy Oak Cliff. With over $50,000 of improvements over the past several years, it still maintains the vintage charm. A classic red brick exterior gives way to sun-drenched hardwood floors that run throughout most of the spacious layout, which takes in a huge, open living and dining room and a family room anchored by an elegant brick fireplace. The dine-in kitchen features stainless steel appliances, a countertop serving area, and plenty of storage. Out back, you’ll find more green space, thanks to a sweeping, fenced-in yard and a cookout-friendly back patio, while the two-car garage guarantees plenty of storage. Kitchen refrigerator and washer and dryer to remain with the property.

Investor Tools

Property Icon
$263,060
Estimated Property Value
$203,897Estimated Mortgage Balance
$59,163Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,221
$263,060
2025
$50,000
$213,060
$263,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,221
$263,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$220,800
No
First
Apr 6, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,897
$59,163
22%
78%
$1,324/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,324/mo
+$648/mo
9.0%

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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3073 El Tovar Ave | Property Details | No Agent List