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$182,000

NAL Estimated Property Value

3318 Maryland Ave, Dallas, TX, 75216

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths784 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.59 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher
FlooringWood

Exterior

Lot Size8,713 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000477949000000
Lot Number5-6
SubdivisionTrinity Heights Annex
Land UseResidential
Legal DescriptionTRINITY HEIGHTS ANNEX BLK 27/5999 PT LTS 5 & 6 INT202500106727 DD05212025 CO-DC 5999 027 00500 4DA5999 027
Census Tract005901
Assessed Land Value$85,000
Assessed Improvement Value$96,920
Assessment Year2025

About this property

This home qualifies for a $15,000 grant to be applied towards closing costs and down payment!! You're looking at a top quality renovation costing about $80,000; this home was taken down to the studs and put back together with custom cabinets, real hardwood floors, tankless water heater, granite countertops, quality appliances and more. The roof was also replaced in August of 2024. And did I mention the attached garage, huge back yard and perfect location near downtown Dallas and Bishop Arts? With the Southern Gateway Park opening in the near future you could be sitting on a goldmine. Don't let the size of the home scare you away because if feels much larger than it is - it flows well, and has a nice, open living-dining-kitchen area. There are no weird and unusable room additions like an enclosed garage, nor any cheap finishes like laminate flooring. If you're looking for quality materials in an area of lots of change, I suggest you take a look at this one. It's a pretty dang good house!

Investor Tools

Property Icon
$182,000
Estimated Property Value
$178,451Estimated Mortgage Balance
$3,549Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,066
$181,920
2025
$85,000
$96,920
$181,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,066
$181,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$181,649
No
First
May 21, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,451
$3,549
1%
98%
$1,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,090/mo
+$475/mo
10.3%

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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3318 Maryland Ave | Property Details | No Agent List