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$305,730

3327 Reed Ln, Dallas, TX, 75215

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.78 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Tankless Water Heater

Exterior

Lot Size7,500 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000176701000000
Lot Number25
SubdivisionJ C Hoopers Second Avenue Addition
Land UseResidential
Legal DescriptionJ C HOOPERS SECOND AVE BLK B/1792 LOT 25 INT202300211898 DD10132023 CO-DC 1792 00B 025 1001792 00B
Census Tract020800
Assessed Land Value$65,000
Assessed Improvement Value$240,730
Assessment Year2025

About this property

Location! Location! Location! Right across from Mildred Dunn Park and minutes from fair park, downtown Dallas, Deep Ellum you will never run out of entertainment options. This beautiful home has an open floor plan and custom cabinets in the kitchen with granite countertops and backsplash. You'll love to cook on the gas range and in the over sized kitchen with a huge pantry. The modern design is complimented by 9 ft ceilings, luxury vinyl plank flooring and lovely bathroom tiles. There is also a separate laundry room with an attached sink to conveniently do you laundry. Tankless water heater & HVAC is gas which will keep that electricity costs low. The home boasts tankless water heater and car charger in the garage for your electric vehicle. Don't miss the opportunity to own this home. Seller credit available for buyers to buy down the interest rate if they don't qualify.

Investor Tools

Property Icon
$305,730
Estimated Property Value
$68,338Estimated Mortgage Balance
$239,007Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,833
$305,730
2025
$65,000
$240,730
$305,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,833
$305,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$68,338
Yes
First
Jan 27, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,723
$239,007
78%
22%
$410/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$410/mo
+$1,562/mo
7.7%

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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3327 Reed Ln | Property Details | No Agent List