NoAgentList RatingHow are grades calculated?

2Days on Market

10view

$127,000

943 Deerwood Dr, Dallas, TX, 75232

$165,100 ARV

On Market

Just Added

3 Beds

1 Bath

1,302 Sq Ft

Single Family Residence

$97.54 / sqft

Built in 1956

Property Lead Type:

BankruptcyPre-ForeclosureARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

AppliancesNone

Exterior

Lot Size8,652 sqft

Building Information

Year Built1956

Stories1

Roof Type105

Land Information

APN00000617191000000

Lot Number40A

SubdivisionPolk Terrace 3rd Installment

Land UseResidential

Legal DescriptionPOLK TERRACE 3RD INSTALLMENT BLK H/6639 LT 40A VOL96220/3864 DD110496 CO-DALLAS 6639 00H 40A00 2006639 00H

Census Tract011104

Assessed Land Value$65,000

Assessed Improvement Value$180,470

Assessment Year2025

About this property

Calling all Investors, Landlords, Flippers, and those looking for a Bargain Basement Home for you and your family! This Fix and Flip or a Remodel to Rent is the Perfect Property! Unbelievable and Sought-after corner lot is available just in time for the Summer Selling Season! It could be a three or four-bedroom estate that will rent between $1,600 to $1,800 a month! The after-repair value is estimated at $240,000 to $250,000! The estimated remodeling costs are $30,000 to $40,000, depending on who does the work. Get ready for a great payday if you fix and flip this one! The offer deadline date is Wednesday, August 26, at $7 PM! No Blind offers will be accepted!

Investor Tools

$6,685Estimated Mortgage Balance

$238,785Estimated Equity

97% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$165,100

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,473 /month

Positive

Cash Flow Estimate:

$491 /month

Interested in this property?

Paul Lewis

Texas Investors Realty

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$314/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,544

$245,470

2025

$65,000

$180,470

$245,470

Tax History

Year

Tax Paid

Assessed Value

2025

$2,544

$245,470

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Cit Group-Consumer Finance Inc

Credit Line (Revolving) / Heloc

$55,680

First

N/A

Feb 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$6,685

$238,785

97%

$90/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$90/mo

+$1,882/mo

9.6%

Learn About the Market: Opportunity in Dallas

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 This Area