$185,000
2940 Warren Ave, Dallas, TX, 75215
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureAbsentee Owner
Highlights
Interior
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
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%
