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$199,290

NAL Estimated Property Value

709 Fairwood Dr, Dallas, TX, 75232

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,266 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.58 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringVinyl, Wood

Exterior

Lot Size7,653 sqft

Building Information

Year Built1957
Stories1
Roof Type105

Land Information

APN00000616360000000
Lot Number19
SubdivisionPolk Terrace 2nd Installment
Land UseResidential
Legal DescriptionPOLK TERRACE 2ND INSTALLMENT BLK N/6638 LT 19 INT20080040567 02042008 CO-DC 6638 00N 01900 2006638 00N
Census Tract011104
Assessed Land Value$60,000
Assessed Improvement Value$139,290
Assessment Year2025

About this property

Don't miss your opportunity to get into this neighborhood at an affordable price. This property has 3 bedrooms, and a garage conversion that was previously used as a second living area giving you 2 large living spaces. The original hardwood floors that are exposed appear to be in good condition. The large kitchen gives you many options to reconfigure or remodel. If you love sitting outside, you'll love this home because of the many mature shade trees in the both the front and back yards. The back is almost completed shaded by an old - and gorgeous - pecan tree. It's incredible! Near UNT Dallas station and lots of retail development.

Investor Tools

Property Icon
$199,290
Estimated Property Value
$0Estimated Mortgage Balance
$199,290Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,196 /month
Positive
Cash Flow Estimate:
$399 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,755
$199,290
2025
$60,000
$139,290
$199,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,755
$199,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,290
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
9.4%

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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709 Fairwood Dr | Property Details | No Agent List