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$362,000

NAL Estimated Property Value

3518 Durango Dr, Dallas, TX, 75220

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,161 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.01 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size7,643 sqft

Building Information

Year Built1946
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000522994000000
Lot Number5
SubdivisionWalnut Hill
Land UseResidential
Legal DescriptionWALNUT HILL ESTATES BLK 11/6144 LT 5 VOL2004087/18506 DD04292004 CO-DC 6144 011 00500 2DA6144 011
Census Tract009802
Assessed Land Value$280,000
Assessed Improvement Value$44,240
Assessment Year2025

About this property

This classic home offers an excellent investment opportunity in a rapidly evolving area where old homes are being replaced by new high-end residences. Featuring 3 bedrooms, 1 baths, central heat and air, and a carport, this property has a lot to offer. The spacious lot adds to its appeal, making it ideal for remodeling, flipping, or tearing down to build a new luxury home. Whether you’re an investor seeking lot value, a flipper looking for your next project, or a homeowner ready to create your dream home, this property has endless potential. Situated in a prime location close to amenities and part of a vibrant, growing community, this home is a true gem. Don’t miss out on this unique opportunity! Schedule your showing today and explore the possibilities.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$41,136Estimated Mortgage Balance
$320,864Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,240
$324,240
2025
$280,000
$44,240
$324,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,240
$324,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chase Manhattan Mortgage Corp
Fha
$105,966
Yes
First
Apr 29, 2004
May 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,136
$320,864
88%
11%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
6.5%

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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3518 Durango Dr | Property Details | No Agent List