1Days on Market

10view

$220,000

3222 Nebraska Ave, Dallas, TX, 75216

On Market

Just Added

2 Beds

1 Bath

1,010 Sq Ft

Single Family Residence

$217.82 / sqft

Built in 1949

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Gas

Cooling

AppliancesMicrowave

FlooringHardwood, Tile, Wood

Exterior

Lot Size7,657 sqft

Building Information

Year Built1949

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000477718000000

Lot Number6

SubdivisionTrinity Heights Annex

Land UseResidential

Legal DescriptionTRINITY HEIGHTS ANNEX BLK 23/5999 LT 6 VOL2004248/0239 DD03042004 CO-DC 5999 023 00600 4DA5999 023

Census Tract005901

Assessed Land Value$85,000

Assessed Improvement Value$79,500

Assessment Year2025

About this property

Welcome home to this charming and cozy 2 Bedroom, 2 Full Bath home featuring a versatile studio space than can be converted into a 3rd Bedroom. Beautiful original hardwood flooring has been restored, adding warmth and character throughout the home. Enjoy the peace of mind that comes with new electrical, new plumbing, new HVAC system with new ductwork, and new insulation. The updated kitchen features beautiful granite countertops, blending modern comfort with timeless charm. Outside you'll appreciate the separate garage and long driveway, providing plenty of parking and storage space. Thoughtfully restored with new Exterior Siding and New Paint inside and out. This home is ready for its new homeowner, with the perfect combination of character, comfort and modern updates. Welcome HOME!

Investor Tools

$50,452Estimated Mortgage Balance

$114,298Estimated Equity

69% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,320 /month

Positive

Cash Flow Estimate:

$440 /month

Interested in this property?

Nancy Garza

JPAR North Central Metro 2

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$269/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$164,500

2025

$85,000

$79,500

$164,500

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$164,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Griffin Financial Mortgage Llc

Reverse Mortgage / Hecm

$85,500

First

Oct 8, 2008

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$50,452

$114,048

69%

31%

$465/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$465/mo

+$1,100/mo

11.4%

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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