tomo logo

$895,000

Beds
4
Baths
2.0
sq ft
2,191

5342 Goodwin Ave, Dallas, TX 75206

5342 Goodwin Ave

Dallas, TX 75206

  • 58 days on market
INVESTMENT OPPORTUNITY! Fully leased 4 bed, 2 bath main house with a 2 bed, 2 bath ADU (Guest quarters) over 1000sq ft. The property brings in $7400 in monthly gross rent! Excellent location and lot. Long term tenants in leases until June and July of 2025. Tenants will want to sign extensions. New roof on main house in 2024, recently replaced AC mini split for ADU. Stainless appliances, granite counters. Separated yard between buildings. Ample parking for both units.

Details

Property type

Single Family Residence

Est. home value

$797,810

Lot size

8,015.04 sq ft

Price per sq ft

$409

Year built

1920

Annual property taxes

$15,508

Price History

10/27/2024
NTREIS

NTREIS #20737294

Listed
$895,000
10/17/2024
NTREIS

NTREIS #20737294

Pending
$895,000
09/24/2024
NTREIS

NTREIS #20737294

Listed
$895,000

Schools & Community

Neighborhood: 

M Streets

Elementary school: 

Geneva Heights

Middle school: 

Long

High school: 

Woodrow Wilson

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

$699,855
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$123,545
Cash to seller
$699,855

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

Seller’s Loan History

Lender

Southern Funding Alliance Usa Llc

Loan start date

April 2015

Original loan amount

$294,000

Est. remaining balance

$123,545

Interest rate

3.03%

Loan type

New Conventional, 15 year

Seller

Drew M Karras and Kelly Karras

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?

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Status: Active

Tomo last checked: 11/22/2024 at 8:55 AM

Listing updated: 10/27/2024 at 9:37 AM

Listed by: Peter Mester, BK Real Estate LLC Phone #: (972) 514-6501

MLS: NTREIS #20737294

NTREIS logo

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