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Owner Contacts

$112,920

NAL Estimated Property Value

3826 Spence St, Dallas, TX, 75215

$140,084 ARV

Off Market

2 Beds

1 Bath

1,008 Sq Ft

Single Family Residence

$89.29 / sqft

Built in 1922

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Gas

Cooling

AppliancesNone

FlooringCarpet, Vinyl

Exterior

Lot Size5,850 sqft

Building Information

Year Built1922

Stories1

Roof Type105

Garage Spaces150

Land Information

APN00000146416000000

Lot Number7

SubdivisionCavens Colonial Avenue

Land UseResidential

Legal DescriptionCAVENS COLONIAL AVENUE BLK B/1260 LT 7 VOL2005154/07885 DD08032005 CO-DC 1260 00B 00700 1DA1260 00B

Census Tract020900

Assessed Land Value$52,650

Assessed Improvement Value$60,270

Assessment Year2025

About this property

This Crafstman home has many of the original details giving you the perfect opportunity to fix and flip, but is priced at lot value. The home will likely not qualify for financing so cash offers are strongly preferred.

Investor Tools

$112,920

Estimated Property Value

$98,982Estimated Mortgage Balance

$13,938Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$140,084

Rent-to-Value Ratio: 0.72%

Rent Estimate

$678 /month

Positive

Cash Flow Estimate:

$226 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$240/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,316

$112,920

2025

$52,650

$60,270

$112,920

Tax History

Year

Tax Paid

Assessed Value

2024

$2,316

$112,920

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jem Enterprises Inc

Unknown

$100,000

First

Oct 10, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$98,982

$13,938

12%

88%

$600/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$600/mo

+$965/mo

16.6%

Learn About the Market: Opportunity in Dallas

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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.

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