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$139,000

552 Ella Ave, Dallas, TX, 75217

$141,285 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths858 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesGas Oven, Gas Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size7,386 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000553915000000
Lot Number3
SubdivisionHome Gardens
Land UseResidential
Legal DescriptionHOME GARDENS BLK X/6256 LOT 3 INT202300242139 DD11292023 CO-DC 6256 00X 00300 3006256 00X
Census Tract009303
Assessed Land Value$55,000
Assessed Improvement Value$90,760
Assessment Year2025

About this property

Opportunity to own a 2-bedroom, 1-bath single-family home in Dallas' Home Gardens subdivision. This one-story home offers approximately 858 square feet of living space, central heat, window-unit cooling, a detached garage and a spacious backyard. The property has been tenant occupied and is currently rented on a month-to-month basis at $1,300 per month. Seller plans to deliver the property vacant at closing. Convenient access to major Dallas thoroughfares including US-175 and I-45. Property is being sold as-is. Ideal opportunity for an owner-occupant or investor looking for an established residential property at an attractive price point. Agent Owned. Buyer to verify schools and measurements. No Blind Offers.

Investor Tools

$98,615Estimated Mortgage Balance
$49,385Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$141,285
Rent-to-Value Ratio: 0.72%
Rent Estimate
$888 /month
Positive
Cash Flow Estimate:
$296 /month

Interested in this property?

Rod Hanks

DTX Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,246
$145,760
2025
$55,000
$90,760
$145,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,246
$145,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Open End Mortgage / Open End With Future Advance Clause
$104,000
No
First
Nov 29, 2023
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,615
$49,385
33%
67%
$624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$624/mo
+$941/mo
12.7%

City: Dallas

552 Ella Ave | Property Details | No Agent List