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$508,000

NAL Estimated Property Value

311 N Montreal Avenue, Dallas, TX, 75208

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,813 Sq Ft
Year BuiltBuilt in 1943

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringHardwood

Exterior

Lot Size7,091 sqft

Building Information

Year Built1943
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00000328594000000
Lot Number8
SubdivisionDaniels L O Jr
Land UseResidential
Legal DescriptionDANIELS L O JR BLK 2/4547 LT 8 VOL2005140/9255 DD07112005 CO-DC 4547 002 00800 2004547 002
Census Tract004500
Assessed Land Value$212,730
Assessed Improvement Value$204,940
Assessment Year2025

About this property

Great duplex in the heart of North Oak Cliff, just minutes from the vibrant Bishop Arts District. Both sides are being sold together — a rare opportunity for an owner-occupant or investor. This property is in need of a little TLC to get it make ready. This property is being sold AS-IS.

Investor Tools

Property Icon
$508,000
Estimated Property Value
$42,148Estimated Mortgage Balance
$465,852Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,048 /month
Positive
Cash Flow Estimate:
$1,016 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$987/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,300
$417,670
2025
$212,730
$204,940
$417,670
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,300
$417,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Greenpoint Mortgage Funding Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$96,000
No
First
Jul 11, 2005
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,148
$465,852
91%
8%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
6.1%

City: Dallas

311 N Montreal Avenue | Property Details | No Agent List