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$614,000

NAL Estimated Property Value

822 N Madison Ave, Dallas, TX, 75208

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,770 Sq Ft
DuplexDuplex
price_per_sqft$144.07 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Exterior FeaturesStorage
Lot Size7,459 sqft

Building Information

Year Built1945
Stories1
Roof Type105

Land Information

APN00000263239000000
Lot Number3
SubdivisionMiller & Stemmons
Land UseResidential
Legal DescriptionMILLER & STEMMONS BLK 9/3331 N PT LT 3 ACS 0.1712 INT202500096385 DD05092025 CO-DC 3331 009 00300 2DA3331 009
Census Tract004201
Assessed Land Value$372,950
Assessed Improvement Value$202,360
Assessment Year2025

About this property

INVESTOR OPPORTUNITY! This duplex can be converted into one residence. This duplex offers a wonderful opportunity to own a piece of historic Dallas. Located in the heart of Bishop Arts in a standout and charming neighborhood. You'll be two blocks from the restaurants on Davis St, one block from Bishop Ave, easy access to Downtown Dallas, Kessler Theatre, Kidd Springs Park and Stevens Park Golf Course! Come own or Invest in Bishop Arts at a Perfect Time! There is a 400 sqft storage shed that could be converted to studio apartment. *ARV over 450k! Roof level could possibly have Dallas skyline views!! This property is to be SOLD AS-IS!!

Investor Tools

Property Icon
$614,000
Estimated Property Value
$357,132Estimated Mortgage Balance
$256,868Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,684 /month
Positive
Cash Flow Estimate:
$1,228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,317
$575,310
2025
$372,950
$202,360
$575,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,317
$575,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$367,500
No
First
Oct 21, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,132
$256,868
41%
58%
$2,204/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,204/mo
$-232/mo
3.9%

City: Dallas

822 N Madison Ave | Property Details | No Agent List