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Owner Contacts

$222,670

NAL Estimated Property Value

821 Bluewood Dr, Dallas, TX, 75232

Off Market

3 Beds

1 Bath

1,008 Sq Ft

$138.89 / sqft

Built in 1956

Property Lead Type:

BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesGas Cooktop, Gas Oven, Refrigerator

Exterior

Lot Size7,937 sqft

Building Information

Year Built1956

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000616753000000

Lot Number17

SubdivisionPolk Terrace 1st Installment

Land UseResidential

Legal DescriptionPOLK TERRACE 1ST INSTALLMENT BLK A/6639 LT 17 INT201900212876 DD08122019 CO-DC 6639 00A 01700 2006639 00A

Census Tract011104

Assessed Land Value$65,000

Assessed Improvement Value$157,670

Assessment Year2025

About this property

Investor opportunity with good bones! Home offers a solid structure and original layout, providing a strong foundation for renovation and value-add improvements. Electrical panel has been replaced within the last 15 years. HVAC system will need replacement, and roof may require replacement—buyer to verify. No known foundation issues. Plumbing appears original with no known issues; buyer to conduct all inspections. Property is being sold strictly as-is; seller will make no repairs or concessions. Buyer to independently verify condition, square footage, and all information. Allow additional time for lender response and approval.

Investor Tools

$222,670

Estimated Property Value

$143,827Estimated Mortgage Balance

$78,843Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,336 /month

Positive

Cash Flow Estimate:

$445 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$304/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,530

$222,670

2025

$65,000

$157,670

$222,670

Tax History

Year

Tax Paid

Assessed Value

2024

$2,530

$222,670

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jmac Lending Inc

Fha

$127,696

Yes

First

Aug 12, 2019

Sep 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$143,827

$78,843

35%

65%

$983/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$983/mo

+$989/mo

10.6%

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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