Last 24 Hours
$289,000
2902 Hedgerow Dr, Dallas, TX, 75235
On Market
Just Added
3 Beds
2 Bath
1,477 Sq Ft
Single Family Residence
$195.67 / sqft
Built in 1941Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size8,227 sqft
Building Information
Year Built1941
Roof Type105
Garage Spaces1
Land Information
APN00000212542000000
Lot Number8
SubdivisionHedgerow Park
Land UseResidential
Legal DescriptionHEDGEROW PARK BLK 3/2338 LT 8 HEDGEROW & BRADFORD INT201700199458 DD06232017 CO-DC 2338 003 00800 1002338 003
Census Tract000407
Assessed Land Value$300,000
Assessed Improvement Value$142,130
Assessment Year2026
About this property
Investor Opportunity! Oversized corner lot near the growing Dallas Medical District. Existing home is a tear-down—great potential to build new and invest in a growing area!
Investor Tools
$205,217Estimated Mortgage Balance
$322,783Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,168 /month
Positive
Cash Flow Estimate:
$1,056 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,040/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,845
$442,130
2026
$300,000
$142,130
$442,130
No
Tax History
Year
Tax Paid
Assessed Value
2025
$9,845
$442,130
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
N/A
$255,000
N/A
First
Jun 23, 2017
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,217
$322,783
61%
39%
$1,529/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,140/mo
$1,529/mo
+$611/mo
4.9%
12.4%