B+

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Owner Contacts

$192,000

419 S Garrett Ave, Dallas, TX, 75223

Off Market

2 Beds

1 Bath

782 Sq Ft

Single Family Residence

$255.75 / sqft

Built in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Heating Central

Cooling

AppliancesNone

Exterior

Lot Size6,250 sqft

Building Information

Year Built1925

Stories1

Roof Type105

Land Information

APN00000145609000000

Lot Number2

SubdivisionEast Side

Land UseResidential

Legal DescriptionEAST SIDE BLK 9B/1244 LT 2 INT202400222510 DD10312024 CO-DC 1244 09B 00200 1DA1244 09B

Census Tract002400

Assessed Land Value$125,000

Assessed Improvement Value$34,210

Assessment Year2025

About this property

This 2-bedroom, 1-bath home, located in Mount Auburn neighborhood, East Dallas, is nestled just half a block from the scenic Santa Fe Trail ideal for hiking, biking and nature lovers. Step out your front door and enter the trail connecting to White Rock Lake, Downtown Dallas and Deep Ellum. The home is in need of significant updates and repairs for investors looking to renovate and flip or consider it the perfect canvas to create your dream home. Several new homes in the neighborhood have been recently built and sold, making this an ideal spot for future growth and appreciation.

Investor Tools

$192,000

Estimated Property Value

$0Estimated Mortgage Balance

$192,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,200 /month

Positive

Cash Flow Estimate:

$400 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$154/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$889

$159,210

2025

$125,000

$34,210

$159,210

Tax History

Year

Tax Paid

Assessed Value

2024

$889

$159,210

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$192,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

N/A

+$1,565/mo

9.8%

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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