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Owner Contacts

$160,000

408 W Montana Avenue, Dallas, TX, 75224

Under Contract

3 Beds

2 Bath

1,318 Sq Ft

Single Family Residence

$121.4 / sqft

Built in 1930

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Gas

Cooling

AppliancesNone

Exterior

Lot Size12,950 sqft

Building Information

Year Built1930

Stories1

Roof Type105

Garage Spaces190

Land Information

APN00000300877000000

Lot Number3

SubdivisionCrow Coker

Land UseResidential

Legal DescriptionCROW COKER BLK J/4032 LOT 3 VOL88141/0900 EX071888 CO-DALLAS 4032 00J 00300 2004032 00J

Census Tract006200

Assessed Land Value$100,000

Assessed Improvement Value$76,410

Assessment Year2025

About this property

Great investment opportunity in a prime location with easy access to I-35E, shopping, dining, and just minutes from Downtown Dallas. This 3-bedroom, 2-bath home offers a functional floor plan with livable, move-in-ready space and plenty of potential for updates and personalization. The home is being sold as-is, making it an excellent option for investors or buyers looking to add their own touches over time. Enjoy a private backyard with space for outdoor entertaining, pets, or gardening. Conveniently located near major highways, schools, and everyday amenities.

Investor Tools

$27,565Estimated Mortgage Balance

$237,435Estimated Equity

89% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,590 /month

Positive

Cash Flow Estimate:

$530 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$129/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$220

$176,410

2025

$100,000

$76,410

$176,410

Tax History

Year

Tax Paid

Assessed Value

2025

$220

$176,410

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Financial Texas Inc

Unknown

$61,404

First

Nov 7, 2005

Nov 2015

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$27,565

$237,435

89%

10%

$369/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$369/mo

+$1,603/mo

8.9%

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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