1Days on Market

4view

$145,000

745 Fairwood Dr, Dallas, TX, 75232

On Market

Just Added

3 Beds

1 Bath

926 Sq Ft

Single Family Residence

$156.59 / sqft

Built in 1957

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesNone

Exterior

Lot Size7,598 sqft

Building Information

Year Built1957

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000616381000000

Lot Number26

SubdivisionPolk Terrace 2nd Installment

Land UseResidential

Legal DescriptionPOLK TERRACE 2ND INSTALLMENT BLK N/6638 LT 26 VOL2003241/2828 DD11142003 CO-DC 6638 00N 02600 2006638 00N

Census Tract011104

Assessed Land Value$60,000

Assessed Improvement Value$126,250

Assessment Year2025

About this property

OWNER FINANCING AVAILABLE Looking for a property with potential? This 745 Fairwood property is being offered AS-IS and needs lots of TLC, making it a great opportunity for an investor, rehabber, or buyer looking to build equity. Property sold AS-IS Buyer should be prepared for significant repairs and renovations. Bring your contractor and come take a look. This property is priced with its condition in mind and is ready for someone with vision to bring it back to life. Serious buyers only! Contact for additional details and to arrange a showing.

Investor Tools

$114,669Estimated Mortgage Balance

$71,581Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,118 /month

Positive

Cash Flow Estimate:

$373 /month

Interested in this property?

Rosa Donohoe

King Realty, LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$78/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$186,250

2025

$60,000

$126,250

$186,250

Tax History

Year

Tax Paid

Assessed Value

2025

$186,250

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Stolo Land Company Llc

Unknown

$115,000

First

Jun 18, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$114,669

$71,581

38%

62%

$690/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$690/mo

+$1,282/mo

12.7%

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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