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$244,000

NAL Estimated Property Value

3502 Meredith Ave, Dallas, TX, 75211

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$81.7 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesElectric Range, Microwave
FlooringCeramic Tile, Concrete

Exterior

Exterior FeaturesAwning(s)
Lot Size7,005 sqft

Building Information

Year Built1947
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000308404000000
Lot Number21
SubdivisionC A Ferfoots Subdivision Of Block 4178
Land UseResidential
Legal DescriptionC A KERFOOT BLK 4178 LT 21 INT202300148892 DD07252023 CO-DC 4178 000 021 2DA004178 000
Census Tract006702
Assessed Land Value$115,000
Assessed Improvement Value$119,490
Assessment Year2025

About this property

INVESTOR SPECIAL! Calling all investors and cash buyers for a great renovation opportunity in the west Dallas, Tx area. This 3bed, 2bath, 1224 sq ft home has great potential, priced to sell, and good sized yard in both the front and back yard areas. It could be the perfect flip, or renovate and hold property for a great rental opportunity. The home is near the well known BISHOP ARTS DISTRICT in Dallas, not far from Mountain Creek Lake, and near Dallas Baptist University. Come check it out. Cash only offers. MULTIPLE OFFERS received over asking. Submit highest and best by 2pm tomorrow on Friday June 30th 2023 to [email protected]

Investor Tools

Property Icon
$244,000
Estimated Property Value
$219,002Estimated Mortgage Balance
$24,998Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,927
$234,490
2025
$115,000
$119,490
$234,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,927
$234,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$226,800
No
First
Jun 24, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,002
$24,998
10%
90%
$1,360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,360/mo
+$612/mo
9.7%

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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3502 Meredith Ave | Property Details | No Agent List