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Owner Contacts

$460,370

3729 Ovid Ave, Dallas, TX, 75224

Off Market

3 Beds

2 Bath

1,552 Sq Ft

Single Family Residence

$112.76 / sqft

Built in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,429 sqft

Building Information

Year Built1967

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000493708000000

Lot Number7

SubdivisionOak Park

Land UseResidential

Legal DescriptionOAK PARK ESTATES 4 BLK 11/6036 LT 7 INT202000308458 DD10212020 CO-DC 6036 011 00700 2006036 011

Census Tract006100

Assessed Land Value$90,000

Assessed Improvement Value$370,370

Assessment Year2025

About this property

Perfect investor property located in popular Oak Park Estates. Home needs cosmetic update to take it to the next level. HVAC replaced in 2017 per owner. Property has nice backyard with additional storage buildings and two car carport. Use your imagination and make this your own. Buyer will need to purchase a new survey. Square footage shown does not show 400 square foot converted garage.Short drive to Kiest Park with walking trail, tennis courts and recreational center. No blind offers please. Please close at Republic Title.

Investor Tools

$460,370

Estimated Property Value

$290,700Estimated Mortgage Balance

$200,533Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,762 /month

Positive

Cash Flow Estimate:

$921 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$687/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,940

$460,370

2025

$90,000

$370,370

$460,370

Tax History

Year

Tax Paid

Assessed Value

2024

$5,940

$460,370

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

City Bank

Conventional

$290,700

First

Nov 3, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$259,837

$200,533

43%

56%

$1,743/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,743/mo

+$229/mo

5.1%

Learn About the Market: Opportunity in Dallas

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