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$180,000

Beds
3
Baths
2.0
sq ft
1,523

5606 S Marsalis Ave, Dallas, TX 75241

5606 S Marsalis Ave

Dallas, TX 75241

  • 419 days on market
    • Price drop $50,200↓
Looking for a Great Investment Opportunity? Look no further, this gem is located in the very desirable, established, Glenview Subdivision of Oak Cliff. This neighborhood is conveniently located near HWY 35, with quick access to a bus line, and is surrounded by other well-maintained homes. Great Drive Up Appeal, and it's perfectly situated on a corner lot. If you're looking for a Fix and Flip, Rehab to Rent, or a home priced below fair market value you've found it! This home will need a makeover, but once it's brought back to its full potential it will be a beauty. The After Repair Value is in the range of $285-$295k. At this price point the buyer walks in the door with equity. It features 3 bedrooms, 2 bathrooms, and 2 living areas. This property will be sold AS IS, and No blind offers will be accepted!

Details

Property type

Single Family Residence

Est. home value

$224,823

Lot size

0.24 acres

Price per sq ft

$119

Year built

1956

Annual property taxes

$5,326

Price History

12/19/2024
NTREIS

NTREIS #20466066

Price change
$180,000
-21.81%
12/11/2024
NTREIS

NTREIS #20466066

Price change
$230,200
+892.24%
12/11/2024
NTREIS

NTREIS #20466066

Price change
$23,200
-87.32%

Schools & Community

Neighborhood: 

South Dallas

Elementary school: 

Marsalis

Middle school: 

Hulcy Steam

High school: 

Southoakcl

School district: 

Dallas ISD

Seller’s Loan History

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

Lender

Mortgage Funding Network Inc

Loan start date

August 1999

Original loan amount

$45,000

Est. remaining balance

Not provided

Interest rate

7.63%

Loan type

Credit Line (Revolving), 30 year

Seller

A Z Choice and Gladys Odessa Choice

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: 12/23/2024 at 12:45 PM

Listing updated: 12/19/2024 at 5:42 PM

Listed by: Kisha Thompson, Ready Real Estate Phone #: (817) 569-8200

MLS: NTREIS #20466066

NTREIS logo

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