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$499,000

311 N Clinton Ave, Dallas, TX, 75208

$545,154 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.18 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
CoolingCooling
AppliancesNone
FlooringWood

Exterior

Lot Size7,500 sqft

Building Information

Year Built1927
Stories1
Roof Type105

Land Information

APN00000260257000001
Lot Number20
SubdivisionWinnetka Heights
Land UseResidential
Legal DescriptionWINNETKA HEIGHTS BLK 19/3265 LOT 20 1/2 DUPLEX INT202100111651 DD04122021 CO-DC 3265 019 02000 2DA3265 019
Census Tract004600
Assessed Land Value$150,000
Assessed Improvement Value$68,420
Assessment Year2025

About this property

Rare renovation opportunity in the heart of the Winnetka Heights Historic District! Originally a duplex, this property is being converted into an approximately 1,820 SF single-family residence designed for 3 bedrooms, 3 bathrooms, a proposed 2-car carport and backyard outdoor living. Much of the heavy lifting has already been completed, giving the next owner the opportunity to take over the project and select the final finishes. Completed work includes foundation repairs, rough plumbing, updated gas lines, rough electrical, HVAC ductwork and furnace, new roof with 30-year shingles, new internal roof structure, spray-foam insulation at exterior walls, extensive siding and fascia repairs, demolition and framing. The rear addition was rebuilt to create a third bedroom, third bathroom, side-by-side laundry, generous mudroom and covered back porch. Certificate of Appropriateness approvals have been obtained for the planned construction, including the driveway, carport and outdoor living area, with permits filed and five City of Dallas green tags received. Property may also qualify for the City of Dallas Historic Tax Exemption Program based on qualifying rehabilitation expenditures; buyer to verify eligibility and exemption amount with the City. A unique opportunity to complete a substantial renovation in one of North Oak Cliff's most distinctive historic neighborhoods and bring your own vision to the final design.

Investor Tools

$0Estimated Mortgage Balance
$325,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$545,153
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Dylan Dobbs

Fairway Realty

ContactContact

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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
$4,910
$218,420
2025
$150,000
$68,420
$218,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,910
$218,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$319,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
5.8%

City: Dallas

311 N Clinton Ave | Property Details | No Agent List