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$189,000

1114 E Ohio Ave, Dallas, TX, 75216

$219,672 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.13 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size26,250 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces1

Land Information

APN00000284122000000
Lot Number9
SubdivisionTrinity Heights
Land UseResidential
Legal DescriptionTRINITY HEIGHTS BLK 19/3689 LOT 9 INT202300162058 DD08082023 CO-DC 3689 019 00900 2003689 019
Census Tract005500
Assessed Land Value$118,750
Assessed Improvement Value$205,480
Assessment Year2026

About this property

Income producing property currently leased at $1,900 per month. Great opportunity for an investor seeking immediate rental income in Dallas. Tenant occupied. Please do not disturb tenant.

Investor Tools

$178,930Estimated Mortgage Balance
$145,300Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$219,672
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,945 /month
Positive
Cash Flow Estimate:
$648 /month

Interested in this property?

Marisol Romero

Julio Romero LLC, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,298
$324,230
2026
$118,750
$205,480
$324,230
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2026
$7,298
$324,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Realty Investments Llc
Building Or Construction Loan
$190,000
No
First
Aug 8, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,930
$145,300
44%
55%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,140/mo
+$500/mo
6.1%

City: Dallas