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$425,000

2823 Cherrywood Ave, Dallas, TX, 75235

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$348.36 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal
FlooringHardwood, Tile

Exterior

Lot Size6,776 sqft

Building Information

Year Built1946
Roof Type105

Land Information

APN00000427849000000
Lot Number5
SubdivisionCherrywood #2
Land UseResidential
Legal DescriptionCHERRYWOOD #2 BLK A/5704 LOT 5 INT202600097958 DD05062026 CO-DC 5704 00A 00500 1005704 00A
Census Tract000407
Assessed Land Value$250,000
Assessed Improvement Value$79,230
Assessment Year2026

About this property

Beautifully Renovated Home With Exceptional Upgrades. Major Improvements Include A Brand New HVAC System, New Thirty Year Composition Roof, New Energy Efficient Windows, Red Oak Wood Floors, Cedar Fencing In Rear And Front Yards, Sprinkler System With Sodded Yard, New Extra Large Concrete Driveway, Upgraded Insulation. Thoughtfully Designed Open Concept Living Area Creates An Effortless Flow Between The Living, Dining, And Kitchen Areas. Living Room Features A Recessed Wall-Mounted Electric Fireplace That Creates A Warm And Welcoming Focal Point. The Kitchen Is Finished With Attractive Quartz Countertops And Stainless Steel Appliances. Bathrooms Have All New Custom Ceramic Tile With New Tubs, Commodes, Vanities And Fixtures. A Rare Opportunity To Own A Substantially Updated Home In One Of Dallas's Most Sought After Neighborhoods.

Investor Tools

$416,956Estimated Mortgage Balance
$329,230Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,031
$329,230
2026
$250,000
$79,230
$329,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,031
$329,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Strata Trust Company
Unknown
$210,000
No
First
May 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,956
N/A
0%
127%
$2,520/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$2,520/mo
$-820/mo
6.2%

City: Dallas

2823 Cherrywood Ave | Property Details | No Agent List