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Days36Days on Market
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$97,999

223 Cherry Ave, Dumas, TX, 79029

$127,399 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,012 Sq Ft
price_per_sqft$96.84 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1

Exterior

Lot Size6,490 sqft

Land Information

APN13193
Lot Number2
Land UseResidential
Legal DescriptionLOT 2 BLK 2 HILLCREST
Census Tract950302
Assessed Land Value$6,500
Assessed Improvement Value$40,500
Assessment Year2025

About this property

NEW LISTING! Investors we just listed this charming 2-bedroom home with plenty potential! It is situated in a small neighborhood of Dumas, Texas. This location is close to local parks and schools and only a short walk or drive away to many restaurants. The home is being sold As Is, but it has a lot of potential. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream property. When you call be sure and if we have any other properties available in the Dumas Area.

Investor Tools

Property Icon
$145,000
Estimated Property Value
$0Estimated Mortgage Balance
$145,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$127,399
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

Interested in this property?

Chet Polniazek

1st Texas Realty Services

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,157
$47,000
2025
$6,500
$40,500
$47,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,157
$47,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$145,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Dumas

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223 Cherry Ave | Property Details | No Agent List