Last 24 Hours
$2,762,000
NAL Estimated Property Value316 N Carroll Avenue, Dallas, TX, 75246
Off Market
1 Beds
1 Bath
7,399 Sq Ft
Apartment
Built in 1962Highlights
Interior
Bedrooms 1
Bathrooms Half 1
Heating Central
CoolingAppliancesGas Oven, Refrigerator
FlooringLinoleum
Exterior
Lot Size28,450 sqft
Building Information
Year Built1962
Stories2
Roof Type105
Land Information
APN00000125692000000
Lot Number1-2
SubdivisionJohn F Reigers Buckner Park
Land UseResidential
Legal DescriptionJOHN F REIGERS BUCKNER PARK BLK C/796 & 799 LTS 1-2 & 10 LESS 10X25 CARROLL INT202300017564 DD01272023 CO-DC 0796 00C 00100
Census Tract001502
Assessed Land Value$711,250
Assessed Improvement Value$1,788,750
Assessment Year2025
About this property
Calling All Developers and Value-add Investors! 24-unit complex with a strong value-add opportunity. Half the property has been renovated Average rents over $280 per unit below market rates. Well maintained asset. Highly desirable location in Old East Dallas. Call today for more information!
Investor Tools
$2,762,000
Estimated Property Value
$1,214,735Estimated Mortgage Balance
$1,547,265Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,000 /month
Positive
Cash Flow Estimate:
$6,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,342/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$50,288
$2,500,000
2025
$711,250
$1,788,750
$2,500,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$50,288
$2,500,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Commercial
$1,250,000
No
First
Oct 9, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,214,735
$1,547,265
56%
44%
$7,495/mo
12.4%