tomo logo

$385,000

Beds
3
Baths
2.0
sq ft
1,174

2255 Mail Ave, Dallas, TX 75235

2255 Mail Ave

Dallas, TX 75235

  • 39 days on market
Location, Location! I'm excited to share an exceptional investment opportunity to build on a 48X150 lot in Dallas! Lot Dimension 7200 sqft. This property boasts a prime location, strong market growth, and excellent infrastructure. Great opportunity to be part of the thriving Dallas real estate market, this is a chance you don't want to miss. It is conveniently located near downtown Dallas's restaurants, Lover's Lane shopping center, Lovefield Airport, I-35, UT Southwestern hospital and located in the DALLAS MEDICAL DISTRICT AREA making it an ideal choice for either residential or a great investment opportunity. Take advantage and be part of the growth and redevelopment, which includes the construction of MULTI-FAMILY, Condos, Townhomes, or build your dream home in one of the fastest developing areas. The city requires an 8-inch water line. This property is just two blocks away from a beautiful city park. Contact the City of Dallas for zoning and potential usage.

Details

Property type

Single Family Residence

Est. home value

$465,200

Lot size

6,490.44 sq ft

Price per sq ft

$328

Year built

1945

Price History

05/24/2024
NTREIS

NTREIS #20619937

Listed
$385,000
03/05/2024
NTREIS

NTREIS #20472422

Removed
01/06/2024
NTREIS

NTREIS #20472422

Price change
$399,990
-6.96%

Schools & Community

Neighborhood: 

Love Field Area

Elementary school: 

Knight

Middle school: 

Rusk

High school: 

North Dallas

School district: 

Dallas ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$113,240
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$240,960
Cash to seller
$113,240

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Open Mortgage Llc

Loan start date

December 2022

Original loan amount

$244,800

Est. remaining balance

$240,960

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Andrellina Padron and Francisco J Barron

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
NTREIS
$350,000
3 bd
|
2 ba
|
1,305 sq ft
|
House

2606 Roanoke Ave, Dallas, TX 75235

Price drop
NTREIS
$380,000
3 bd
|
2 ba
|
1,391 sq ft
|
House

5122 Bradford Dr, Dallas, TX 75235

NTREIS
$344,500
3 bd
|
1 ba
|
1,122 sq ft
|
House

1820 Prairie View Dr, Dallas, TX 75235

Status: Active

Tomo last checked: 07/02/2024 at 6:30 PM

Listing updated: 06/28/2024 at 2:33 PM

Listed by: Wanda Lewis, Coldwell Banker Realty Phone #: (972) 691-7580

MLS: NTREIS #20619937

NTREIS logo

Recently listed in Dallas

$235,000|3 bd|1.0 ba|House
$1,829,900|6 bd|6.0 ba|House
$1,100,000|4 bd|4.0 ba|House
$219,000|4 bd|2.0 ba|House
$189,000|3 bd|3.0 ba|House
$2,095,000|6 bd|7.0 ba|House
$394,900|4 bd|2.0 ba|House
$295,000|3 bd|2.0 ba|House
$2,749,500|4 bd|4.0 ba|House