Last 24 Hours
$150,000
2242 Lolita Dr, Dallas, TX, 75227
$183,784 ARV
On Market
Just Added
2 Beds
1 Bath
1,320 Sq Ft
Single Family Residence
$113.64 / sqft
Built in 1955Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
Heating Central
CoolingExterior
Lot Size20,700 sqft
Building Information
Year Built1955
Roof Type105
Garage Spaces2
Land Information
APN00000532681000000
Lot Number5,5-6
SubdivisionBruton
Land UseResidential
Legal DescriptionBRUTON ESTATES BLK B/6185 LT 5 & PT LT 6 VOL89199/3216 EX100689 CO-DALLAS 6185 00B 00500 3006185 00B
Census Tract009002
Assessed Land Value$130,000
Assessed Improvement Value$156,210
Assessment Year2026
About this property
Investment opportunity at 2242 Lolita Drive, Dallas. Single-Family residence built in 1955 offering approximately 1,320 square feet with 2 bedrooms and 1 bathroom on a large lot of about 20,700 square feet (roughly 0.48 acres). Property requires rehabilitation and is being sold strictly as-is. Suitable for those seeking a rehabilitation project! Buyer to verify all measurements, condition, and suitability for intended use.
Investor Tools
$0Estimated Mortgage Balance
$286,210Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$183,784
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,717 /month
Positive
Cash Flow Estimate:
$572 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,869
$286,210
2026
$130,000
$156,210
$286,210
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2025
$2,869
$286,210
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$286,210
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
N/A
+$1,480/mo
6.2%
12.4%