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$426,910

421 N Patton Ave, Dallas, TX, 75203

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,194 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$288.94 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop

Exterior

Lot Size6,846 sqft

Building Information

Year Built1964
Stories1
Roof Type105

Land Information

APN00000269224000000
Lot Number18
SubdivisionPatton's Addn
Land UseResidential
Legal DescriptionPATTON'S ADDN BLK 3431 LOT 18 N PATTON AVE & CANTY INT201300222132 DD05202013 CO-DC 3431 000 01800 2003431 000
Census Tract002002
Assessed Land Value$273,840
Assessed Improvement Value$153,070
Assessment Year2025

About this property

ATTENTION INVESTORS, FLIPPERS, BUILDERS & REMODELERS! This property enjoys a PRIME LOCATION with easy access and walkable distance to Dallas' Bishop Arts District, renowned for its eclectic mix of boutiques, art galleries, cafes, and restaurants. Additionally, the nearby Kidd Springs Park offers ample green spaces, walking trails, and a picturesque pond for relaxation and outdoor activities. Minutes from Downtown Dallas. Multiple units can be built, as it's located on a corner lot. Seller will not consider any repairs – AS IS! Buyer will need to purchase a new survey.

Investor Tools

Property Icon
$426,910
Estimated Property Value
$40,000Estimated Mortgage Balance
$398,677Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,561 /month
Positive
Cash Flow Estimate:
$854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,152
$426,910
2025
$273,840
$153,070
$426,910
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,152
$426,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jesse Pinones
Unknown
$40,000
No
First
May 20, 2013
Jun 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,233
$398,677
93%
7%
$240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$240/mo
+$1,732/mo
5.5%

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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