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Owner Contacts

$193,000

3325 Nomas St, Dallas, TX, 75212

Off Market

3 Beds

2 Bath

1,125 Sq Ft

Single Family Residence

$128.89 / sqft

Built in 1943

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Gas

Cooling

AppliancesNone

FlooringWood

Exterior

Lot Size7,510 sqft

Building Information

Year Built1943

Stories1

Roof Type106

Garage Spaces1

Land Information

APN00000682603000000

Lot Number32

SubdivisionWestmoreland Park

Land UseResidential

Legal DescriptionWESTMORELAND PARK BLK 2/7144 LT 32 INT202400021171 DD01312024 CO-DC 7144 002 03200 2007144 002

Census Tract010500

Assessed Land Value$95,000

Assessed Improvement Value$97,390

Assessment Year2025

About this property

3 bed 2 bath frame home built in 1943 in need of extensive rehab. Larger than tax roll due to addition not reflected on tax rolls. Home sits on a 7500 sqf lot and located in a great area with many new construction's homes being built. Home is vacant with clear title. Buyer to pay all closing costs. Great for fix and flip or possible redevelopment. Buyer to verify schools and measurements.

Investor Tools

$193,000

Estimated Property Value

$100,000Estimated Mortgage Balance

$97,379Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,158 /month

Positive

Cash Flow Estimate:

$386 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$349/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,219

$192,390

2025

$95,000

$97,390

$192,390

Tax History

Year

Tax Paid

Assessed Value

2024

$3,219

$192,390

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cr Lending Llc

Purchase Money Mortgage

$100,000

First

Dec 29, 2023

Jun 2024

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$95,621

$97,379

50%

$600/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$600/mo

+$965/mo

9.7%

Learn About the Market: Opportunity in Dallas

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