NoAgentList RatingHow are grades calculated?

742Days on Market

1view

$270,000

3122 Herbert St, Dallas, TX, 75212

$351,000 ARV

On Market

2,264 Sq Ft

Single Family Residence

$119.26 / sqft

Built in 1948

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms Full 2

Heating Central

Cooling

AppliancesNone

Exterior

Lot Size4,965 sqft

Building Information

Year Built1948

Stories1

Roof Type105

Land Information

APN00000672490000000

Lot Number1

SubdivisionMac Arthur Heights

Land UseResidential

Legal DescriptionMAC ARTHUR HEIGHTS BLK 6/7092 LT 1 INT202500064360 DOD09262024 CO-DC 7092 006 00100 2007092 006

Census Tract010102

Assessed Land Value$148,950

Assessed Improvement Value$132,350

Assessment Year2025

About this property

Exceptional investment opportunity in the rapidly growing Trinity Groves area. Situated on a prime corner lot, this property is located in a vibrant, revitalizing community known for its unique local businesses, dining, entertainment, and ongoing development. Enjoy convenient access to Downtown Dallas and major highways, all just minutes away. Property is being sold AS IS, offering excellent potential for investors, builders, or buyers looking to capitalize on this thriving neighborhood.

Investor Tools

$0Estimated Mortgage Balance

$320,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$351,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,920 /month

Positive

Cash Flow Estimate:

$640 /month

Interested in this property?

Pete Saucedo

JPAR - Central Metro

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$476/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$281,300

2025

$148,950

$132,350

$281,300

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$281,300

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$320,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

N/A

+$2,572/mo

9.6%

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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