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$183,000

NAL Estimated Property Value

503 Willow Ave, Dumas, TX, 79029

$199,698 ARVInfo
SoldInfo
8/26/26
Beds3 Beds
Baths2 Bath
Baths1,553 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.12 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Dishwasher, Cooktop

Exterior

Exterior FeaturesBrick
Lot Size8,015 sqft

Building Information

Year Built1964
Garage Spaces1

Land Information

APN11817
Lot Number10
Land UseResidential
Legal DescriptionLOT 10 BLK 14 UNIT 4 BELMONT
Census Tract950302
Assessed Land Value$7,680
Assessed Improvement Value$160,650
Assessment Year2025

About this property

Back on the market at no fault of the seller with a brand new roof!! 3 bedroom, 2 bath brick home in Dumas, TX with space, storage, and versatility! This move-in ready home features fresh interior paint, some replaced windows, and a large utility room with abundant storage. The spacious layout offers comfortable living, while the huge detached shop/garage in the backyard is perfect for hobbies, extra parking, a workshop, or additional storage. Conveniently located with plenty of room to spread out, this property combines function and value in one package. Don't miss this Dumas home with oversized shop space and endless potential!

Investor Tools

Property Icon
$183,000
Estimated Property Value
$0Estimated Mortgage Balance
$183,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$199,697
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,430
$168,330
2025
$7,680
$160,650
$168,330
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,430
$168,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Dumas

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503 Willow Ave | Property Details | No Agent List