3031 Reed Ln

Dallas, TX 75215
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Sold
Sold
$105,001 - $120,000
Sold on January 26, 2024
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2 Bedroom(s)
1 Full Bath(s)
760 Sqft.
0.13 Lot Acres
Residential - Single Family

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$108K
AVM Value
$131K
AVM Value
$129K
Value Range
$99K - $117K
Value Range
$120K - $141K
Value Range
$ 128,870
Confidence Score
92%

Margin of Error*: 8%
Confidence Score
85%

Margin of Error*: 8%
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

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.

MLS#
NTREIS-20496483
Sold Price Range
$105,001 - $120,000
Listing Status
Sold
Address
3031 Reed Ln
City
State
TX
Zip Code
County
Subdivision
Great Oaks
Legal Description
GREAT OAKS BLK D/1768 LT 17
Property Type
Residential - Single Family
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Stories
1
Architecture Style
Traditional
Year Built
1923 / Appraisal District
Building Size
760 Sqft/Appraisal District
Lot Size
0.13 Lot Acres./ASSESSOR

Interior

Number Of Living Area
1
Floors
Other, Vinyl, Wood
Heating
Natural Gas
Appliances
None

Exterior

Private Pool
No
Exterior Type
Siding
Parking
Driveway, On Street
Fencing
Chain Link
Porch
Covered
Utility
City Sewer, City Water, Electricity Connected

Lot information

Lot Size
0.13 Lot Acres /ASSESSOR
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type
Single Detached
Community Features
Other, Sidewalks
Lake Pump
No

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 31, 2024 at 08:17 PM
Listing last updated Jan 26, 2024 at 01:08 PM
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3031 Reed Ln, Dallas, TX 75215. View photos, map, tax, nearby homes for sale, home values, school info...

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