1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Calculator
  9. Similar
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Status: Active

786 Fairwood Dr 
Dallas, TX 75232

$180,000

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Investor Special with Long-Term Tenant on Corner Lot in South Dallas! Great opportunity for investors! This home sits on a spacious corner lot and comes with a current tenant in place who would love to stay, making it a hassle-free addition to your rental portfolio. Inside, the home offers an oversized primary bedroom with abundant closet space and sitting area — perfect for relaxing in private. A second oversized bedroom at the front of the home provides ample storage, while a third bedroom sits quietly at the back, ideal for guests or a home office. The eat-in kitchen and full bath make the space functional and inviting. Outside features a good-sized backyard with an open patio and mature trees. Conveniently located near I-35E, I-20, and Hwy 67, the property offers easy access to major routes, shopping, and dining. Furnace recently replaced Feb 2025. Whether you’re a seasoned investor or just getting started, this property is a solid rental opportunity with built-in income and reliable tenancy.
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Bedrooms
3
Baths
1
House Size
1,256 sqft
Year Built
1957
Lot Size
0.19 ac
School District
Dallas ISD

Location

Market Insights

In the last 30 days, homes for sale in 75232, Dallas, TX were on the market for a median of 49 days and 12.5% of homes sold above list price.

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Interior Information

appliances
None
cooling
Ceiling Fan(s)
Central Air
Electric
features
Eat-in Kitchen
Pantry
flooring
Linoleum
heating
Central
laundry features
In Kitchen
Washer Hookup

Exterior Information

features
Private Yard
fence
Back Yard
Chain Link
Wire
patio and porch
Front Porch
roof
Composition

Property Information

accessibility
Accessible Entrance
Accessible Approach With Ramp
architectural style
Traditional
community
Curbs
Sidewalks
foundation
Pillar/post/pier
lot
Corner Lot
Few Trees
Subdivided
parking
Concrete
Converted Garage
Driveway
On Street
Open
sewer
Public Sewer
subdivision name
Polk Terrace
utilities
Electricity Available
Electricity Connected
Sewer Available
water source
Public
  • Listed By Amy Downs
  • (972) 821-6145
  • Livv Real Estate, LLC
  • (972) 821-6145
  • KorinBinder@gmail.com
  • MLS 21080748

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$3,718 (+20%)$60,000$123,520$183,520 (+35.9%)
2023$3,098 (+19.8%)$60,000$75,000$135,000 (+31.1%)
2022$2,586 (+27.3%)$45,000$58,000$103,000 (+33.8%)
2021$2,031$25,000$52,000$77,000

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$1,458

30 year fixed·6.9% interest rate
Principal & Interest
$948
Property Taxes
$310
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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