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$234,130

NAL Estimated Property Value

3324 Alabama Ave, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,102 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.77 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size7,972 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000476680000000
Lot Number16
SubdivisionMarsalis Club
Land UseResidential
Legal DescriptionMARSALIS CLUB BLK F/5997 LT 16 INT202400168626 DD08192024 CO-DC 5997 00F 01600 4DA5997 00F
Census Tract005902
Assessed Land Value$80,000
Assessed Improvement Value$154,130
Assessment Year2025

About this property

Back to market!!!!buyer financials fell through, survey ready and appraisal came back over listing price!!!! Welcome to your fully renovated dream home! This charming property boasts a seamless blend of modern convenience. With three spacious bedrooms, two full baths, this home offers both comfort and functionality for your family, providing a sense of continuity and style. The brand-new roof ensures peace of mind, protecting your investment for years to come. No survey, buyer will need to buy a new one!! But the upgrades don't stop there. This home has been completely rewired with new electrical systems, ensuring safety and efficiency. The new windows flood each room with natural light, creating a warm and inviting atmosphere throughout the home. Don't miss your chance to own this immaculate property, where every detail has been thoughtfully designed with your comfort and enjoyment in mind.

Investor Tools

Property Icon
$234,130
Estimated Property Value
$221,924Estimated Mortgage Balance
$12,206Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,425
$234,130
2025
$80,000
$154,130
$234,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,425
$234,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Land-Home Financial Services
Fha
$229,091
Yes
First
Aug 19, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,924
$12,206
5%
95%
$1,374/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,374/mo
+$598/mo
10.1%

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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3324 Alabama Ave | Property Details | No Agent List