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$275,000

3131 E Latta Cir, Dallas, TX, 75227

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.23 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size11,561 sqft

Building Information

Year Built1952
Roof Type105
Garage Spaces1

Land Information

APN00000441415000000
Lot Number19
SubdivisionParkdale Heights
Land UseResidential
Legal DescriptionPARKDALE HEIGHTS BLK 2/5817 LOT 19 VOL2000205/5220 DD10162000 CO-DC 5817 002 019 3005817 002
Census Tract008401
Assessed Land Value$60,000
Assessed Improvement Value$143,590
Assessment Year2026

About this property

Welcome to this charming property nestled among mature trees that provide shade and a peaceful setting. The home offers a welcoming exterior with a raised front porch. Inside, you'll find two bedrooms, a versatile man cave-game room, and a separate outdoor office space that can be used as a guest suite. The kitchen features tan cabinetry, granite-style countertops, a decorative tile backsplash, and stainless-steel appliances. Step outside to a private backyard retreat surrounded by natural privacy, creating a tranquil environment for everyday living. About 15 minutes from Downtown Dallas and under 10 minutes from Fair Park, find the Lawnview Station 5 minutes away from the house this a is a DART rail station in southeastern Dallas, Texas. It is located in the Parkdale Heights neighborhood at the intersection of Lawnview Avenue and Scyene Road. The station is served by the Green Line and two bus routes. During major events such as the State Fair of Texas. This home presents a wonderful opportunity to create lasting memories.

Investor Tools

$61,753Estimated Mortgage Balance
$142,247Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,332
$203,590
2026
$60,000
$143,590
$203,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,332
$203,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Building Or Construction Loan
$51,120
No
First
Oct 16, 2000
Oct 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,753
$142,247
69%
30%
$667/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$667/mo
+$1,305/mo
11.6%

City: Dallas