Embrace the charm of Oak Cliff living with this prime 2-acre plot nestled close to West Davis Street. Featuring an income producing property with a total of 4 adjacent lots, a rare opportunity awaits to build your dream estate or develop an exclusive enclave in one of Dallas's most sought-after neighborhoods. Located mere moments from the vibrant Bishop Arts District, where culture and commerce converge, residents will relish in the eclectic mix of boutiques, galleries, and acclaimed dining destinations.
Last updated on: 11/17/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,681
$141,610
2019
$2,031
$74,290
2018
$1,187
$41,720
2017
$1,134
$41,720
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,551
Per Month
Principal & Interest
$3,484
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,159
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Arcadia Park Elementary School
1300 N Justin Ave
Distance between this listing and this school0.11 miles
Public District Grades EE-6
4
/10
Gabe P. Allen New Tech Academy
5220 Nomas St
Distance between this listing and this school1.66 miles
Public Charter Grades EE-6
5
/10
Celestino Mauricio Soto Jr. Elementary School
4510 W Jefferson Blvd
Distance between this listing and this school1.73 miles
Public District Grades PK-5
Nearby Schools
6
/10
Raul Quintanilla Sr. Middle School STEAM Academy
2700 Remond Dr
Distance between this listing and this school2.58 miles
Public District Grades 7-8
9
/10
Dallas Environmental Science Academy
3531 N Westmoreland Rd
Distance between this listing and this school2.77 miles
Public Magnet Grades 6-8
3
/10
James Fannin Middle School
301 NE 28th St
Distance between this listing and this school3.22 miles
Public District Grades 6-8
Nearby Schools
9
/10
Trinidad Garza Early College at Mt View
4849 W Illinois Ave Ste W53A
Distance between this listing and this school2.20 miles
Public District Grades 9-12
2
/10
Moises E. Molina High School
2355 Duncanville Rd
Distance between this listing and this school2.38 miles
Public District Grades 9-12
1
/10
Drc Campus
1673 Terre Colony Ct
Distance between this listing and this school2.54 miles
The neighbors living near this home have an average income of $34,956. Typical income of Dallas, TX residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1242 N Morocco Ave
What is the listing price of this property?
The listing price of 1242 N Morocco Ave property is $698,000.
What type of property is this?
The property 1242 N Morocco Ave is land located in Dallas, Texas, 75211.
Is this property for sale now?
Active Listing: 1242 N Morocco Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,681 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1242 N Morocco Ave in Dallas, TX and zip code 75211 in the Arcadia Park neighborhood. This home, which was built in 1950, sits on a 2.00 acre lot. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $698,000.
In October 2024, from all listings sold in Dallas, TX there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of listings in Dallas, TX increased by 13.5% between September 2024 and October 2024. In October 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $260,000.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Pro Boxing
Pro Boxing
NBA/WNBA
Pro Wrestling
Burlington
Express/Express For Men
Banana Republic
Popeyes
Starbucks
Cicis Pizza
Dodge
Pontiac
Infiniti
Urban Contemporary
Jazz