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$185,000

2940 Warren Ave, Dallas, TX, 75215

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths982 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.39 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
CoolingCooling

Exterior

Lot Size4,680 sqft

Building Information

Year Built1926
Roof Type105

Land Information

APN00000188941000000
Lot Number2
SubdivisionFreeman & Camps
Land UseResidential
Legal DescriptionFREEMAN & CAMPS BLK 23/1959 LOT 2 INT202300247587 DD10192023 CO-DC 1959 023 00200 1001959 023
Census Tract003700
Assessed Land Value$50,000
Assessed Improvement Value$79,490
Assessment Year2026

About this property

Income producing property currently leased at $1,600 per month. Great opportunity for an investor seeking immediate rental income in Dallas. Tenant occupied. Please do not disturb tenant.

Investor Tools

$179,214Estimated Mortgage Balance
$149,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /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
$305/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,915
$129,490
2026
$50,000
$79,490
$129,490
No

Tax History

Year
Tax Paid
Assessed Value
2026
$2,915
$129,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ifp Fund I Llc
Commercial
$189,000
No
First
Dec 6, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,214
N/A
0%
120%
$1,134/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,134/mo
+$336/mo
11.8%

City: Dallas