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$501,000

3871 Gaspar Drive, Dallas, TX, 75220

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.47 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size7,141 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000529681000000
Lot Number26
SubdivisionDavilla Drive
Land UseResidential
Legal DescriptionDAVILLA DRIVE ESTATES BLK 4/6176 LOT 26 INT202000203358 DD07282020 CO-DC 6176 004 02600 1006176 004
Census Tract009401
Assessed Land Value$430,000
Assessed Improvement Value$49,520
Assessment Year2025

About this property

Rare to find completely remodeled home in Midway Hollow at a great price! New in the last 6 years: Roof, Electrical panel, HVAC, all redone kitchen and bath, granite and marble counters, new windows, water heater, wood fence (recently repainted), sprinkler system, insulation in exterior walls, Paint interior and exterior, stainless steel appliances, and on. Finished out 2 car garage. Smart home z-wave compatible lights, thermostat and locks. Retail and Central Market within walking distance and by Bachman running trail.

Investor Tools

Property Icon
$501,000
Estimated Property Value
$0Estimated Mortgage Balance
$223,045Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,006 /month
Positive
Cash Flow Estimate:
$1,002 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,166
$479,520
2025
$430,000
$49,520
$479,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,166
$479,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$313,500
No
First
Jul 28, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,955
$223,045
44%
55%
$1,880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,880/mo
+$92/mo
4.7%

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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