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$254,510

NAL Estimated Property Value

3835 Summitt Ridge Dr, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
price_per_sqft$194.08 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringLaminate

Exterior

Lot Size7,500 sqft

Building Information

Year Built1955
Stories1
Roof Type105

Land Information

APN00000479887000000
Lot Number22
SubdivisionMarsalis Park
Land UseResidential
Legal DescriptionMARSALIS PARK BLK C/6003 LT 22 INT202200320457 DD12192022 CO-DC 6003 00C 02200 2DA6003 00C
Census Tract005902
Assessed Land Value$70,000
Assessed Improvement Value$184,510
Assessment Year2025

About this property

PRICED TO SELL!!! Come see this cute and cozy remodeled 3 bedrooms and 2 bath in the heart of Dallas Tx. This house is very near downtown Dallas, Bishop Art District and much more. Home features new flooring, new kitchen cabinets, Kitchen Island and a good size backyard among other great features to enjoy with family or friends. Schedule your appointment today and move in to this gorgeous home.

Investor Tools

Property Icon
$254,510
Estimated Property Value
$231,721Estimated Mortgage Balance
$22,789Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,593 /month
Positive
Cash Flow Estimate:
$531 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,688
$254,510
2025
$70,000
$184,510
$254,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,688
$254,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$247,350
No
First
Dec 19, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,721
$22,789
8%
91%
$1,483/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,483/mo
+$489/mo
9.3%

City: Dallas