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$173,000

815 Wood River Rd, Dallas, TX, 75232

$224,900 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.86 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListARV FlipHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringBrick, Concrete, Other

Exterior

Lot Size13,266 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000649744000000
Lot Number15
SubdivisionGlen Oaks
Land UseResidential
Legal DescriptionGLEN OAKS NO 9 BLK 29/6911 LOT 15 6911 029 01500 2006911 029
Census Tract011002
Assessed Land Value$70,000
Assessed Improvement Value$234,710
Assessment Year2025

About this property

This three-bedroom, two-bathroom property offers excellent investment potential with versatile living spaces including two living areas, dining room, breakfast nook, and home office. The two-car garage provides convenient covered parking and additional storage opportunities. The private backyard features existing perimeter boundaries, creating an enclosed outdoor space perfect for future enhancement. With thoughtful updates, this property could be transformed into a standout residence while maintaining its functional foundation. Located just minutes from Kiest Park, the property benefits from proximity to recreational amenities and green space. This represents a solid opportunity for investors seeking a renovation project with strong bones and multiple living areas that can accommodate various lifestyle needs. Schedule your showing today to explore this property's potential and see how its layout and location could work for your needs. This is a Fannie Mae HomePath property.

Investor Tools

$0Estimated Mortgage Balance
$304,710Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$224,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,828 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$663
$304,710
2025
$70,000
$234,710
$304,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$663
$304,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$304,710
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
10.1%

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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815 Wood River Rd | Property Details | No Agent List