Welcome to an exceptional investment opportunity in the vibrant and rapidly growing Fair Park area of South Dallas. Nestled in the heart of a community undergoing a renaissance, this residential lot offers an ideal canvas for your future dream home or investment project.
Last updated on: 11/22/2024, 9:20:55 AM 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
$390
$15,000
2019
$328
$12,000
2018
$171
$6,000
2017
$163
$6,000
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.
$552
Per Month
Principal & Interest
$485
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
$357
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
St Anthony Academy
3732 Myrtle St
Distance between this listing and this school0.67 miles
Public Charter Grades KG-5
5
/10
Paul L. Dunbar Learning Center
4200 Metropolitan Ave
Distance between this listing and this school0.73 miles
Public District Grades EE-5
5
/10
Charles Rice Learning Center
2425 Pine St
Distance between this listing and this school0.85 miles
Public District Grades EE-5
Nearby Schools
9
/10
St Anthony School
3732 Myrtle St
Distance between this listing and this school0.67 miles
Public Charter Grades 6-8
4
/10
Billy Earl Dade Middle School
2801 Park Row Ave
Distance between this listing and this school1.40 miles
Public District Grades 6-8
4
/10
East Grand Preparatory Academy
6211 E Grand Ave
Distance between this listing and this school2.41 miles
Public Charter Grades PK-8
Nearby Schools
2
/10
Lincoln High School and Humanities/Communications Magnet
2826 Elsie Faye Heggins St
Distance between this listing and this school0.67 miles
Public Magnet Grades 9-12
9
/10
Irma Rangel Young Women's Leadership School
1718 Robert B Cullum Blvd
Distance between this listing and this school0.87 miles
Public Magnet Grades 6-12
3
/10
James Madison High School
3000 Martin Luther King Jr Blvd
Distance between this listing and this school0.95 miles
The neighbors living near this home have an average income of $20,848. Residents of Dallas, TX typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3323 Reed Ln
What is the listing price of this property?
The listing price of 3323 Reed Ln property is $97,000.
What type of property is this?
The property 3323 Reed Ln is land located in Dallas, Texas, 75215.
Is this property for sale now?
Active Listing: 3323 Reed Ln 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 $390 (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 3323 Reed Ln in Dallas, TX and zip code 75215 in the RUFCO neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $97,000.
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 homes for sale 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.