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Owner Contacts

$485,000

NAL Estimated Property Value

3922 Gilbert Avenue 221, Dallas, TX, 75219

Off Market

2 Beds

3 Bath

1,587 Sq Ft

Condos / Townhouses

$274.1 / sqft

Built in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringCeramic Tile, Wood

Exterior

Lot Size1.03 acres

Building Information

Year Built1997

Stories2

Roof Type111

Garage Spaces2

Land Information

APN00C24490000A00221

Lot Number4B

SubdivisionGilbert Terrace Residences

Land UseResidential

Legal DescriptionGILBERT TERRACE RESIDENCES BLK 6/1565 LT 4B ACS 1.1472 BLDG A UNIT 221 CE 3.1953% INT202100389994 DD12282021 CO-DC 1565 006

Census Tract000606

Assessed Land Value$129,320

Assessed Improvement Value$336,330

Assessment Year2025

About this property

Enjoy urban living at its best in this exceptional updated modern French style condo! Enter to hand scraped hardwoods & stunning designer lighting throughout! Open concept living with beautiful fireplace, natural light, surround sound & gorgeous kitchen boasts custom soft close cabs, trash pullout, lazy Susan, floating shelves, farmhouse sink, SS KitchenAid appliances, convection oven microwave & so much more! Fine finishings in 2.5 baths from floor to ceiling tile, marble countertops & extended frameless master shower. Lots of shelving & storage closet. Relax at pool with outdoor grill & pergola, enjoy scenic views from private patio, & great walks to Katy Trail. Close to downtown Dallas, shopping & dining!

Investor Tools

$485,000

Estimated Property Value

$311,654Estimated Mortgage Balance

$173,346Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,910 /month

Positive

Cash Flow Estimate:

$970 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$785/month

$350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,994

$465,650

2025

$129,320

$336,330

$465,650

Tax History

Year

Tax Paid

Assessed Value

2024

$6,994

$465,650

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$340,000

First

Dec 28, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$311,654

$173,346

35%

64%

$2,039/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,170/mo

$2,389/mo

$-219/mo

5.4%

Learn About the Market: Opportunity in Dallas

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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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