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$415,000

1215 Cascade Ave, Dallas, TX, 75224

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$288.19 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Tankless Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,792 sqft

Building Information

Year Built1926
Roof Type105
Garage Spaces1

Land Information

APN00000314449000000
Lot Number25
SubdivisionElmwood
Land UseResidential
Legal DescriptionELMWOOD BLK 25/4286 LT 25 INT202600069187 DD03262026 CO-DC 4286 025 02500 2004286 025
Census Tract006302
Assessed Land Value$95,000
Assessed Improvement Value$151,000
Assessment Year2026

About this property

This old-meets-new Tudor style home is nestled on a heavily treed lot in the sought after Elmwood neighborhood. Inside, the home boasts 2 large bedrooms plus a 3rd bedroom well suited as an office, small bedroom, or flex space -- all with hardwood flooring and energy-efficient windows throughout. The kitchen features stainless steel gas appliances and quartz countertops. Outside, the home features an oversized 2-car carport with storage garage, a new wood deck, a board-on-board privacy fence, sprinkler system, and automatic gate for enhanced privacy. This home has seen many other updates over the past few years including: 2026 roof, addition of 2nd bathroom, tankless water heater, HVAC, updated electrical panel and wiring, radiant barrier in attic, and remodeled custom finishes throughout. Minutes away from Tyler Station, Bishop Arts District, and downtown Dallas, you won't want to miss out on this move-in ready hidden gem!

Investor Tools

$219,145Estimated Mortgage Balance
$133,181Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,292
$246,000
2026
$95,000
$151,000
$246,000
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,292
$246,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sherman Bridge Alt Fund Lp
Commercial
$221,400
No
First
Mar 25, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,145
$132,855
37%
62%
$1,328/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,328/mo
+$382/mo
5.8%

City: Dallas