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$241,000

NAL Estimated Property Value

7924 S Norvell Dr, Dallas, TX, 75227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,236 Sq Ft
price_per_sqft$101.13 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther, None
FlooringHardwood

Exterior

Lot Size10,725 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000532201000000
Lot Number93
SubdivisionCedar Lake
Land UseResidential
Legal DescriptionCEDAR LAKE 2 BLK 6179 LT 93 INT202300030309 DD02162023 CO-DC 6179 000 09300 3006179 000
Census Tract008500
Assessed Land Value$60,000
Assessed Improvement Value$126,490
Assessment Year2025

About this property

Investors Special! This is a 3 bedroom 2 bath home with central heat and air. Large backyard with alleyway access. sold as is MULTIPLE OFFERS RECEIVED. DEADLINE FOR HIGHEST AND BEST 5PM FRIDAY JANUARY 27TH 2023 CENTRAL TIME.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$0Estimated Mortgage Balance
$241,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,218
$186,490
2025
$60,000
$126,490
$186,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,218
$186,490

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
9.8%

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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7924 S Norvell Dr | Property Details | No Agent List