masterkey logo
3618 Routh St
Dallas, TX

3618 Routh St

$474,300
2 bd • 3 ba • 1,980 sf

This analysis was generated by artificial intelligence on 1/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

Listen

AI Property Analysis

0:00
0:00 / 0:00
List Price

$474,300

Price/Sq.Ft

$240

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• **Competitive Price per Square Foot:** At $239.55 per square foot, the property is priced competitively within the Dallas market. This is an attractive starting point for buyers looking for value in a high-demand area. • **Three Bathrooms:** The presence of three bathrooms in a two-bedroom house suggests a potential for increased convenience and privacy, which can be a significant selling point for some buyers. • **Location:** The property's location in Dallas, TX provides access to a growing urban area with diverse job opportunities, entertainment options, and cultural attractions. This is a major advantage for both owner-occupants and investors. • **Modern Aesthetic:** The image shows a recently updated living space with modern light wood floors and painted brick, which suggests that at least some parts of the home are updated, and that it has a modern aesthetic. • **Potential for Rental Income:** With a median income of $81,205 and 2-bedroom rental rates at $2170 per month, this property could be a good investment for rental purposes if the location and condition are appealing.

The Bad

• **Unknown Build Year:** The listing's failure to specify the year the property was built is a significant concern. This lack of transparency makes it difficult to assess the condition of the home's systems and structures and increases the risk of unexpected repairs. • **Limited Property Details:** The absence of a property description, room details, and utility information makes it challenging to evaluate the property fully. This lack of information raises concerns about transparency and might indicate a seller trying to hide potential issues. • **No Listed Features:** The lack of listed features suggests that the property may lack unique selling points or that the seller hasn't invested in highlighting its best attributes. This could impact its marketability and value compared to similar properties with more appealing features. • **Potential for Higher Maintenance Costs:** The unknown build year and lack of detailed information suggest that the property could require more maintenance and repairs. This is a significant factor for buyers on a tight budget. • **Reliance on Inspections:** The lack of available information means that potential buyers must rely heavily on professional inspections to uncover potential issues, which adds to the upfront costs and risks of buying the property.

The Ugly

• **Potential Foundation Issues:** Given the clay soil in Dallas, the property is at risk of foundation problems, which can result in costly repairs. This risk is elevated due to the unknown build year of the property. • **Outdated Systems:** If the property is older, it might have outdated plumbing, electrical, and HVAC systems, which can lead to frequent breakdowns and costly repairs or replacements. • **Higher Insurance Premiums:** Dallas is prone to severe weather, including tornadoes, hailstorms, and potential flooding. This can lead to higher homeowner's insurance premiums, especially for older properties. • **Unknown Utility Costs:** The lack of utility information makes it difficult to predict monthly expenses, which is a concern for budget-conscious buyers. Older homes often have less efficient systems, leading to higher utility bills. • **Hidden Issues:** The lack of detailed information increases the risk of hidden issues that may not be apparent until after purchase. This could result in unexpected expenses and headaches for the buyer. • **Potential for Overpaying:** The competitive market and lack of information may tempt buyers to overpay for the property, especially if they do not conduct thorough due diligence and inspections.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Investors seeking properties with high potential for value appreciation in a rapidly growing urban area. The property's location in Dallas and its 2-bedroom, 3-bathroom configuration make it suitable for rental purposes, potentially appealing to young professionals or small families. • Buyers comfortable with older homes and willing to invest in necessary updates and repairs. Given the unknown build year, there's a higher likelihood of needing maintenance or upgrades to systems and structures. • Individuals or couples who prioritize location over the size of the living space. While the square footage is respectable at 1,980 sqft, the lack of specific room details in the listing may indicate an unconventional layout or smaller individual rooms. • Buyers with a household income exceeding $100,000 annually. Based on the median income of $81,205 in Dallas, this property's price point of $474,300 requires a higher income to comfortably manage mortgage payments, property taxes, and potential upkeep costs. • Buyers who appreciate a modern aesthetic. The image shows a recently updated living area with light wood floors and painted brick, indicating that at least some parts of the home have been renovated, and that the property has a modern aesthetic.

Not For

• First-time homebuyers seeking a move-in ready property with a predictable maintenance schedule. The unknown build year introduces uncertainty about the condition of the home's systems and structures, potentially leading to unexpected expenses. • Buyers on a tight budget or with limited financial reserves. The property's price and lack of detailed information about its condition suggest that buyers should be prepared for potential repairs or upgrades, which could put a strain on a limited budget. • Individuals or families with specific requirements for room sizes or layout. The lack of room details in the property listing makes it difficult to determine if the house meets their spatial needs. • Buyers who are not comfortable with the risks associated with older homes or with the potential for unexpected maintenance costs. The unknown build year poses uncertainty about the condition of the property, which may deter risk-averse buyers. • Buyers who prefer detailed information about a property before making a decision. The limited data in the listing, specifically the lack of property description, room details, and utility information, may not provide enough information for buyers who prefer transparency.
Demographics
Area Median Income

$81,205

Price Prediction Challenge

Think you know what 3618 Routh St will sell for? Put your market expertise to the test!

Be the first to predict

Your local insight could help set the benchmark for other buyers.

No predictions yet

Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.

Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Risk Assessment

Risk Analysis

• **Unknown Build Year:** The lack of a build year makes it difficult to assess the condition of the property's systems (plumbing, electrical, HVAC) and structures, potentially leading to higher repair costs. Older homes are more prone to issues like foundation problems and outdated wiring. • **Foundation Issues:** Dallas's clay soil can cause foundation problems due to expansion and contraction, requiring costly repairs. A thorough inspection by a foundation specialist is essential. • **HVAC Efficiency:** Given Dallas's extreme heat, the age and efficiency of the HVAC system is a critical concern. Older systems may be inefficient and require frequent repairs, leading to higher energy costs. • **Insurance Costs:** The property's location in Dallas makes it prone to tornadoes, hailstorms, and potential flooding, leading to higher insurance premiums. The property's age can also increase insurance costs. • **Lack of Detailed Information:** The absence of a property description, room details, and utility information makes it difficult to assess the home's true value and potential issues. Buyers must rely more on inspections and due diligence. • **Competitive Market:** Dallas's competitive real estate market may require buyers to act quickly and potentially offer above the asking price. This could lead to overpaying if the property has hidden issues.

Financials

Monthly Costs

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Potential Savings

$14,229

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow® listing.

Free Analysis
AI-Powered Insights
Instant Results