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$195,000

8324 Ellery Dr, Dallas, TX, 75243

$233,079 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,370 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.34 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,239 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000757969000000
Lot Number7
SubdivisionHamilton Park
Land UseResidential
Legal DescriptionHAMILTON PARK LOT 7 ELLERY DR INT202300179715 DOD05232020 CO-DC 7622 029 00700 3007622 029
Census Tract007829
Assessed Land Value$100,000
Assessed Improvement Value$139,710
Assessment Year2025

About this property

A great opportunity awaits investors, builders, or buyers looking to create something new! This property offers the flexibility to complete a full renovation for resale, transform it into a personalized home, or start fresh with a tear-down and new construction. Located in an area that has experienced continued investment and redevelopment, this property presents exciting possibilities for both investors and future homeowners. Enjoy convenient access to Highway 75 and I-635, providing easy connectivity throughout the Dallas area. Shopping, dining, retail, and other everyday conveniences are also just minutes away. Whether your vision is to renovate, rebuild, or invest, this property provides an opportunity to capitalize on the potential of the home and surrounding area.

Investor Tools

$0Estimated Mortgage Balance
$302,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$233,078
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Orlanda Powell

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$607
$239,710
2025
$100,000
$139,710
$239,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$607
$239,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$239,710
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
7.8%

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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