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B+
NoAgentList RatingHow are grades calculated? Info

$250,000

3228 E Perryton Dr, Dallas, TX, 75224

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,526 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.83 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size8,852 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000487201000000
Lot Number6
SubdivisionEast-O-Kiest Park
Land UseResidential
Legal DescriptionEAST-O-KIEST PARK BLK 9/6024 LOT 6 INT201100120290 DD05052011 CO-DC 6024 009 00600 2006024 009
Census Tract006301
Assessed Land Value$80,000
Assessed Improvement Value$194,040
Assessment Year2025

About this property

3228 Perryton presents the perfect opportunity to take on minor repairs to a solidly built, well-loved home mere minutes from Kiest Park, Wynnewood Village, Halperin Deck Park, Bishop Arts, and Downtown Dallas. Perfect for the weekend warrior looking to build a little sweat equity in their personal home or for an investor who knows how to work the BRRRR method, this 3 bedroom, 2 bathroom home with its original hardwoods, detached garage, AND a separate workshop was completely updated in 2011. This 1950s bungalow sits on a pier and beam foundation with a 2 year old roof, making it an easy renovation option. Already move-in ready, the home will shine with just a little paint, refinished hardwoods, and a bit of landscaping. Upgrade the counters and appliances in the kitchen and retile the bathrooms, and you'll be sitting on an ARV of about $345k in an area poised for even greater exponential growth. Priced well below tax value and current AVMs for a quick, AS-IS sale, this home is an exceptional value no matter how you look at it. So come see it today and make it part of your American Dream!

Investor Tools

Property Icon
$274,040
Estimated Property Value
$97,364Estimated Mortgage Balance
$202,775Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$279
$274,040
2025
$80,000
$194,040
$274,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$279
$274,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The City Of Dallas
Stand Alone Second / Subordinate Position
$13,500
No
First
May 5, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,265
$202,775
73%
26%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
8.6%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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3228 E Perryton Dr | Property Details | No Agent List