NoAgentList RatingHow are grades calculated?

6view

Owner Contacts

$259,000

NAL Estimated Property Value

3228 Emmett St, Dallas, TX, 75211

Off Market

3 Beds

2 Bath

936 Sq Ft

Single Family Residence

$235.04 / sqft

Built in 1954

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesGas Range

FlooringLaminate

Exterior

Lot Size6,911 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000350722000000

Lot Number1

SubdivisionWestmoreland Heights

Land UseResidential

Legal DescriptionWESTMORELAND HEIGHTS BLK E/4965 LT 1 INT202500048413 DD03072025 CO-DC 4965 00E 00100 2004965 00E

Census Tract006402

Assessed Land Value$100,000

Assessed Improvement Value$114,470

Assessment Year2025

About this property

Welcome to 3228 Emmett St, a charming 3-bedroom, 1-bath home nestled on a corner lot in the heart of Oak Cliff. This cozy property offers a unique blend of vintage character and modern updates. The garage has been thoughtfully converted into a small apartment complete with a bathroom, providing additional flexibility for guests, rental income, or storage—or it can easily be restored to its original use as a garage. The third bedroom has been added, bringing the total living space to just over 900 square feet. Conveniently located near shopping, dining, and entertainment, this home offers a prime location with endless possibilities. Don't miss your chance to make this Oak Cliff gem your own!

Investor Tools

$259,000

Estimated Property Value

$166,496Estimated Mortgage Balance

$92,504Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,554 /month

Positive

Cash Flow Estimate:

$518 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$258/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,800

$214,470

2025

$100,000

$114,470

$214,470

Tax History

Year

Tax Paid

Assessed Value

2024

$1,800

$214,470

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Greenwing Investments Llc

Purchase Money Mortgage

$170,000

First

Mar 7, 2025

Mar 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$166,496

$92,504

35%

64%

$1,020/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,020/mo

+$952/mo

9.1%

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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