Dallas

Banner Drive (Market: Dallas, TX)

Address:
Banner Drive

4 Bed / 2.5 Bath
Year Built: 1992
House Size: 1,855 Sq Ft
Lot Size: 6,969 Sq Ft
SUMMARY

Bank REO acquired for $100,000 in 2007
Comparable properties were selling for $129,000+
Located in ten miles north of Dallas in neighborhood where per capita income is twice state average
Renting for $1,310 per month
Current market value: $151,715*

*Source: Market Comp Report, February […]

Bracken Place (Market: Dallas, TX)

Address:
Braken Place

4 Bed / 2.5 Bath
Year Built: 1990
House Size: 1,916 Sq Ft
Lot Size: 5,097 Sq Ft

SUMMARY

Bank REO acquired for $94,800 in 2008
Comparable properties were selling for $115,000+
Located near new Dallas Cowboys Stadium
Renting for $1,200 per month
Sold in 2013 for $130,000
Cash-on-Cash Return: 21.5%
Internal Rate of Return: 29.9%

MARKET INFORMATION
Market Information: Dallas, Texas

*Informational Use Only: This is […]

Garden Drive (Market: Dallas, TX)

Address:
Garden Drive

4 Bed / 2.5 Bath
Year Built: 1994
House Size: 1,855 Sq Ft
Lot Size: 9,147 Sq Ft
SUMMARY

Acquired as short-sale for $104,900 in 2007
Located in in Rowlett, just 10 miles north of Dallas, where average per capita income is twice the state average
Renting for $1,295 per month
Market Value*: $133,900

*Source: Market Comp Report, February 2015
MARKET INFORMATION
Market Information: […]