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Dallas 75216 Cedar Crest
2502 Stovall Drive
$130,000
● House - Off Market

2502 Stovall Drive

Dallas, TX 75216
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,000 Ft²
$148,629
RealtyHop Estimate
-0.91%
Since May 1, 2023
TX-Dallas
Primary Model

About This Property

Great investment home or first time home buyer. Home is ready to go and could use a little TLC. New carpet in back living area and back 3rd bedroom. Oversized backyard for your BBQ's, pets, or to build a back porch. Buyers and buyers agent to verify schools and measurements.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$150
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (NTREIS #20224068)

Price History

Date / Event Date Event Price
Apr 25, 2023 Sold
Premium
Sold
Dec 23, 2022 Listed by Century 21 Mike Bowman, Inc. $150,000
Listed by Century 21 Mike Bowman, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 888
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEERPATH VILLAGE 3
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: DEERPATH VILLAGE 3 BLK H/6078 LT 50 INT202300080424 DD04252023 CO-DC 6078 00H 05000 2006078 00H

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 008802

Zoning

  • Zoning: Z297

Geography

  • Assessors Map Reference: 000005054230000
  • Account Number: 000005054230000
  • Parcel: 00-00050-542-300-0000
  • Block: H/607
  • Lot: 50
  • Municipality: DALLAS
  • Latitude: 32.7109
  • Longitude: -96.7895

    Address

  • Full Address: 2502 Stovall Dr
  • Address - House Number: 2502
  • Address - Street Name: Stovall
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C016
  • 4-Digit Zip Code: 4629
  • Zip Code: 75216

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $373,216
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 183,903
  • High Value: 215,337
  • Low Value: 152,470

    Market Valuation

  • Market Total Value: $183,420
  • Market Land Value: $60,000
  • Market Improvement Value: $123,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,420
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $123,420

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 80424
  • Previous Sale Recording Date: Mar 25, 2015
  • Previous Sale Contract Date: Mar 25, 2015
  • Previous Sale Amount: $73,800
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Central Dallas

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$177

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1671 ft²

Average Home Age

44.5 years

Currently For Sale

397 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2628 Downing Avenue, Dallas, TX, 75216

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,638 ft²
2628 Downing Avenue, Dallas, TX, 75216 Listing by Jacqueline Gamble

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Michelle Carrasco, Century 21 Mike Bowman, Inc.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20224068
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2502 Stovall Drive built and last sold?
The property at 2502 Stovall Drive was built in 1949 and last sold on Apr 25, 2023 for $128,921.
How much is this home worth?
The estimated value of the home located at 2502 Stovall Drive is $153,078.
What are some comparable homes to 2502 Stovall Drive?
There are currently no comparable homes to 2502 Stovall Drive.
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