Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$247,330

NAL Estimated Property Value

3146 Morgan Drive, Dallas, TX, 75241

Off Market

3 Beds

2 Bath

1,250 Sq Ft

Single Family Residence

$175.52 / sqft

Built in 1958

Property Lead Type:

BankruptcyAuctionPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Gas

Cooling

AppliancesDishwasher, Disposal, Gas Range

FlooringLaminate

Exterior

Lot Size15,823 sqft

Building Information

Year Built1958

Stories1

Roof Type105

Land Information

APN00000755983000000

Lot Number4

SubdivisionAlta Mesa Park

Land UseResidential

Legal DescriptionALTA MESA PARK W75FT LOT 4 MORGAN DR INT202100379933 DD12172021 CO-DC 7614 023 00400 2007614 023

Census Tract016710

Assessed Land Value$80,000

Assessed Improvement Value$167,330

Assessment Year2025

About this property

Completely re-imagined, 1,250 sf 3 bedroom, 2 full bath home with stackable washer-dryer hook-ups, wood laminate floors, new cabinetry, quartz countertops, new stainless steel appliances and dishwasher. New carpet, bathrooms, electrical, HVAC & water heater. Huge lot at 15,000+ sf allows plenty of space for growth awaiting your final touches and needs. Newly paved streets, accessible to Freeway and low inventory in the area. Welcome Home!

Investor Tools

$247,330

Estimated Property Value

$208,348Estimated Mortgage Balance

$38,982Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,484 /month

Positive

Cash Flow Estimate:

$495 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$564/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,528

$247,330

2025

$80,000

$167,330

$247,330

Tax History

Year

Tax Paid

Assessed Value

2024

$5,528

$247,330

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Research Center Llc

$227,298

Yes

First

Dec 17, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$208,348

$38,982

15%

84%

$1,363/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,363/mo

+$609/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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