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$240,000

NAL Estimated Property Value

3970 Avocado Dr, Dallas, TX, 75241

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,508 Sq Ft
price_per_sqft$142.57 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,893 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000800826150000
Lot Number7
SubdivisionCollege Park 3rd & Rev 2nd Inst
Land UseResidential
Legal DescriptionCOLLEGE PARK 3RD & REV 2ND INST BLK E/8262 LT 7 INT202200291602 DD11042022 CO-DC 8262 00E 00700 2DA8262 00E
Census Tract020200
Assessed Land Value$55,000
Assessed Improvement Value$168,860
Assessment Year2025

About this property

Completely updated home, with brand new roof, new windows, fresh paint inside and out. Ceramic tile in the kitchen, dining and living areas and brand new carpet in all four rooms. Water heater was replace a couple of years ago. Garage is partially converted, ready for some flooring and it can become an additional living space. BUYER AND BUYERS AGENT TO VERIFY MEASUREMENTS, TAX AND SCHOOLS. NO SURVEY, Buyer to pay for a new survey. Seller will not make any additional repairs. OWNER FINANCING AVAILABLE WITH 10% DOWN.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$195,582Estimated Mortgage Balance
$44,418Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,692
$223,860
2025
$55,000
$168,860
$223,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,692
$223,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$209,142
Yes
First
Nov 4, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,582
$44,418
18%
81%
$1,254/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,254/mo
+$718/mo
9.9%

City: Dallas

3970 Avocado Dr | Property Details | No Agent List