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$938,000

NAL Estimated Property Value

3311 Homer Street, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,936 Sq Ft
price_per_sqft$206.1 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal
FlooringCeramic Tile, Wood

Exterior

Lot Size6,232 sqft

Building Information

Year Built1936
Stories1
Roof Type105

Land Information

APN00000239692000000
Lot Number9
SubdivisionGreenland Hills
Land UseResidential
Legal DescriptionGREENLAND HILLS BLK 21/2932 LT 9 INT202000316218 DD11122020 CO-DC 2932 021 00900 1002932 021
Census Tract000300
Assessed Land Value$186,960
Assessed Improvement Value$351,660
Assessment Year2025

About this property

Eclectic home in coveted Greenland Hills with distinctive style, flexible floorplan and tons of natural light throughout. Fresh paint, hardwood floors and open living and dining spaces. Kitchen features white cabinets, granite counter tops, pot filler and stainless appliances. Two fireplaces, beveled glass windows and interesting architectural details. Outdoor deck, carport and storage shed. Excellent value opportunity in convenient location serviced by Mockingbird Elementary.

Investor Tools

Property Icon
$938,000
Estimated Property Value
$332,081Estimated Mortgage Balance
$605,919Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,628 /month
Positive
Cash Flow Estimate:
$1,876 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,092/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,408
$538,620
2025
$186,960
$351,660
$538,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,408
$538,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stearns Lending Llc
Fha
$371,525
Yes
First
Nov 12, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,081
$605,919
64%
35%
$2,228/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$2,228/mo
$-298/mo
2.5%

City: Dallas

3311 Homer Street | Property Details | No Agent List