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$182,000

3811 Academy Dr, Dallas, TX, 75227

PendingInfo
Beds2 Beds
Baths1 Bath
Baths704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.52 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer
FlooringHardwood, Tile

Exterior

Exterior FeaturesStorage
Lot Size7,700 sqft

Building Information

Year Built1949
Stories1
Roof Type105

Land Information

APN00000439345000000
Lot Number9
SubdivisionBarbers Grover M
Land UseResidential
Legal DescriptionBARBERS GROVER M BLK 2/5812 LT 9 ACADEMY DR INT201200074423 DD03122012 CO-DC 5812 002 009 3005812 002
Census Tract008401
Assessed Land Value$60,000
Assessed Improvement Value$110,650
Assessment Year2025

About this property

This charming, fully updated 1949 2 bed 1 bath bungalow is in Dallas Urbandale neighborhood – an area known for trees and parks, yet only minutes from downtown Dallas. This cozy 704 sf home has been completely updated with an eye to quality - original hardwoods, an abundance of natural light, and a large backyard with 80 sf storage bldg. The kitchen has been fully updated: granite countertops, new wood cabinets with lighting, and a full suite of GE appliances (including washer, dryer). The light and airy bathroom has new fixtures and a walk-in shower. 2019-2024: James Hardie fiber cement siding, Amana HVAC, Simonton double pane vinyl replacement windows, gas tankless hot water heater, new sheetrock, new insulation in both walls and attic, recessed lighting, and the house was rewired. 2017 roof. There is no garage, but there is ample space for a detached garage or car port. Urbandale is adjacent to Parkdale, which is being incorporated into 9-mile connection between WhiteRock Lake and Trinity Forest, completing the 50-mile hike and bike trail, which is revitalizing the area!

Investor Tools

$0Estimated Mortgage Balance
$170,650Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,800
$170,650
2025
$60,000
$110,650
$170,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,800
$170,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$170,650
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
11.0%

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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