Street View

1view

Owner Contacts

$298,000

608 S Adams Ave, Dallas, TX, 75208

Off Market

3 Beds

2 Bath

1,468 Sq Ft

Single Family Residence

$170.3 / sqft

Built in 1920

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Gas

Cooling

AppliancesNone

FlooringCarpet, Hardwood, Laminate

Exterior

Lot Size4,739 sqft

Building Information

Year Built1920

Stories1

Roof Type105

Land Information

APN00000256831000000

SubdivisionDallas Land And Loan 2

Land UseResidential

Legal DescriptionDALLAS LAND AND LOAN 2 BLK 65/3186 PT LTS 19 & 20 50X75; @ ALLEY INT202500031703 DD02122025 CO-DC 3186 065 01900 2003186 065

Census Tract005000

Assessed Land Value$100,000

Assessed Improvement Value$77,450

Assessment Year2025

About this property

This 3-bedroom 2 bath home is ready for your creative ideas. House needs LTC. Located 3 minutes away from Bishop Arts district. Driving distance less than 15 minutes from Trinity Groves. Ten minutes from Downtown Dallas. Income possibility with current tenant. The property is priced to sell as is.

Investor Tools

$298,000

Estimated Property Value

$356,250Estimated Mortgage Balance

$0Estimated Equity

-20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,788 /month

Positive

Cash Flow Estimate:

$596 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$416/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,499

$177,450

2025

$100,000

$77,450

$177,450

Tax History

Year

Tax Paid

Assessed Value

2024

$3,499

$177,450

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Champions Funding Llc

Commercial

$356,250

First

Aug 12, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$351,569

N/A

118%

$2,136/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,136/mo

$-164/mo

7.9%

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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