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$242,000

NAL Estimated Property Value

504 S Gilpin Ave, Dallas, TX, 75211

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.5 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters
Lot Size5,993 sqft

Building Information

Year Built1945
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000364630000000
Lot NumberE
Land UseResidential
Legal DescriptionBLK 5161 LT E RESUBD 1 AND 2 INT201900081943 DD03272019 CO-DC 5161 000 00E00 2005161 000
Census Tract006702
Assessed Land Value$115,000
Assessed Improvement Value$98,400
Assessment Year2025

About this property

Charming Dallas home ideally located near the Bishop Arts District and conveniently positioned between Davis Street and Jefferson Boulevard with quick access to Loop 12, Interstate 30, Interstate 35E, Interstate 20, and Spur 408. This 3-bedroom, 2-bath home offers character, functionality, and opportunity all in one. Built in 1945, the home features a functional layout with an efficient kitchen, spacious living areas, and great natural light throughout. One bathroom has been updated while the second bath offers additional flexibility and future personalization potential. Situated on a generously sized lot, the property includes a detached 2-car garage plus an oversized storage or workshop space with windows—ideal for hobbies, workspace, storage, or creative use. Exterior curb appeal shines while the interior offers a great opportunity to refresh and make it your own. Conveniently located near shopping, dining, entertainment, and downtown Dallas, this home is perfect for buyers seeking location, value, and long-term potential. Buyer and buyer’s agent to verify all information including measurements, schools, and property details.

Investor Tools

Property Icon
$242,000
Estimated Property Value
$134,444Estimated Mortgage Balance
$107,556Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,622
$213,400
2025
$115,000
$98,400
$213,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,622
$213,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Unknown
$157,625
No
First
Mar 29, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,444
$107,556
44%
56%
$946/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$946/mo
+$619/mo
7.8%

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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504 S Gilpin Ave | Property Details | No Agent List