1806 Morrell Avenue
About This Property
Nestled minutes from the lively Bishop Arts District and minutes away from the soon-to-be Gateway Park, you'll be in the heart of one of Dallas's fastest-growing and most exciting areas. Whether you're into morning jogs, weekend brunch, or local art, it's all just around the corner.
This house is INCOME RESTRICTED 80-120% AMFI, please use preferred lender
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Relisted | $288,000 | |
| Relisted | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$288,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
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About South Central Dallas
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Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20942799
Details provided by NTREIS and may not match the public record
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