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$228,000

5847 Wofford Ave, Dallas, TX, 75227

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.86 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range

Exterior

Lot Size8,355 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000418513000000
Lot Number17
SubdivisionParkdale Club Rev
Land UseResidential
Legal DescriptionPARKDALE CLUB REV BLK 2/5541 LOT 17 INT202400241893 DD11262024 CO-DC 5541 002 01700 3005541 002
Census Tract008402
Assessed Land Value$60,000
Assessed Improvement Value$138,280
Assessment Year2025

About this property

***MOVE IN READY 2 BEDROOM, 1 BATH HOME FOR LEASE IN DALLAS!*** This adorable home is located in the established Parkdale Community, Close to White Rock, Deep Ellum, Greenville Ave, Downtown and to local shops and restaurants. The Open Floor plan, Fresh Paint, Hardwood Floors, Tiled Countertops in Kitchen, Heated Fire Place Decor, and Large backyard is great for entertaining. This home is perfect if you're desiring to live in a prime location in Dallas.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$229,761Estimated Mortgage Balance
$0Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,433
$198,280
2025
$60,000
$138,280
$198,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,433
$198,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Fha
$229,761
Yes
First
Nov 26, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,576
N/A
0%
102%
$1,434/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,434/mo
+$131/mo
8.2%

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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5847 Wofford Ave | Property Details | No Agent List