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Owner Contacts

$399,000

NAL Estimated Property Value

3175 Modella Ave, Dallas, TX, 75229

Off Market

3 Beds

2 Bath

1,408 Sq Ft

Single Family Residence

$237.86 / sqft

Built in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size11,104 sqft

Building Information

Year Built1960

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000594373000000

Lot Number26

SubdivisionCoral Hills

Land UseResidential

Legal DescriptionCORAL HILLS BLK 18/6441 LOT 26 MODELLA AVE AND CORAL HILLS DR INT202200041229 DD02112022 CO-DC 6441 018 02600 1006441 018

Census Tract009607

Assessed Land Value$225,000

Assessed Improvement Value$155,500

Assessment Year2025

About this property

Welcome Home! You will love this charming 1 story home the moment you see it. Fantastic curb appeal on a fabulous corner lot with a wonderful large tree and a two car garage on the side of the home. This 3 bedroom 2 bath home has a wonderful floor plan. The kitchen has been updated with stainless steel appliances including a 5 top gas stove, microwave, dishwasher, refrigerator, a copper sink, along with beautiful soft close cabinet with new hardware. Through much of the home you have updated engineered hard wood floors and will enjoy the gas fireplace in the open living !room. You will love the private large backyard, So much you can do to make it your own! This home will not last long, let's make it yours!

Investor Tools

$399,000

Estimated Property Value

$269,114Estimated Mortgage Balance

$129,886Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,394 /month

Positive

Cash Flow Estimate:

$798 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$500/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,008

$380,500

2025

$225,000

$155,500

$380,500

Tax History

Year

Tax Paid

Assessed Value

2024

$4,008

$380,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$292,500

First

Feb 11, 2022

Mar 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$269,114

$129,886

32%

67%

$1,754/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,754/mo

+$218/mo

5.9%

Learn About the Market: Opportunity in Dallas

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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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