Sold on 01/26/24
Price Unknown
3031 Reed Ln, Dallas, TX 75215
2beds
760sqft
Single Family Residence
Built in 1923
5,488.56 Square Feet Lot
$122,200 Zestimate®
$--/sqft
$1,254 Estimated rent
Home value
$122,200
$97,000 - $153,000
$1,254/mo
Zestimate® history
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What's special
Welcome to your next great opportunity in the heart of So Dallas! This solid little gem has a proven rental history, offering a compelling opportunity to generate additional income. 2-bdrm, 1-bath home, will not need much to bring it to top of it's value. The roof is approx 8 yrs old. The property will require a new AC, which is offset by the home's overall affordability, especially considering the escalating prices of urban housing. In the bustling Dallas market, properties like this are rare finds. Several similar-sized houses in the vicinity have recently sold for just over $200k, but this one offers a unique opportunity to invest wisely while living or renting in a prime location. Proximity is key for the urban professional, just a short commute away from the city's business district. After work, immerse yourself in the city's vibrant nightlife, a plethora of restaurants, bars, & entertainment at your doorstep. Public transportation is easily accessible. Being sold as-is where-is.
Zillow last checked: 8 hours ago
Listing updated: January 26, 2024 at 10:56am
Listed by:
Wendy Borroto 0783026,
The Agency Collective LLC 214-264-2030
Bought with:
Tia Nobles
United Real Estate
Source: NTREIS,MLS#: 20496483
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Cooling
- Ceiling Fan(s), Electric, None, Other
Appliances
- Laundry: None, Other
Features
- Other
- Flooring: Other, Vinyl, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 760 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 5,488 sqft
Details
- Additional structures: Shed(s), Storage
- Parcel number: 00000174568000000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Other, Sidewalks
Location
- Region: Dallas
- Subdivision: Great Oaks
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2024 | Sold | -- |
Source: NTREIS #20496483 Report a problem | ||
| 1/25/2024 | Pending sale | $124,900$164/sqft |
Source: NTREIS #20496483 Report a problem | ||
| 1/8/2024 | Price change | $124,900-3.8%$164/sqft |
Source: NTREIS #20496483 Report a problem | ||
| 1/2/2024 | Price change | $129,900-3.7%$171/sqft |
Source: NTREIS #20496483 Report a problem | ||
| 12/18/2023 | Listed for sale | $134,900+349.7%$178/sqft |
Source: NTREIS #20496483 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,574 -0.4% | $115,590 |
| 2024 | $2,583 -12.6% | $115,590 -10.3% |
| 2023 | $2,957 +18.6% | $128,870 +29.7% |
Find assessor info on the county website
Neighborhood: 75215
Nearby schools
GreatSchools rating
- 3/10High School Thompson Learning CenterGrades: K-5Distance: 1.1 mi
- 3/10Billy Earl Dade Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Lincoln Humanities/CommunicationsGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Rhodes
- Middle: Dade
- High: Lincoln
- District: Dallas ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$122,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$122,200