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1606 Mentor Ave
Single Family
Just listed
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$190,000

$155/sqft

1606 Mentor Ave, Dallas

73% below median
3 bd·2 ba·1,226 sqft
Built 19388,477 sqft lotOak Cliff

1606 Mentor Ave, Dallas, TX

3 bd · 2 ba · 1,226 sqft Single Family listed at $190,000, built in 1938 in the Oak Cliff neighborhood.

About this home

This being sold as-is property offers exceptional value for both families and investors. Featuring an FHA assumable loan at just 3.75 percent, buyers can take advantage of significantly lower monthly payments compared to todays rates. For families, this home provides a great opportunity to create a personalized space while building equity over time. The lower interest rate can also help keep monthly costs manageable, freeing up budget for updates, furnishings, expansion or future plans. For investors, the low-rate assumable loan and value-add potential make it ideal for rental income, resale or expand your long term investment strategy. This is a rare chance to secure below-market financing with upside potential. Opportunities like thiscombining flexible potential with below-market financingdont come around often. Schedule your showing today. Call the Listing Agent for more information. Information deemed reliable, but not guaranteed-buyer or BA to verify all info, schools, tax, measurement, HOA, etc.

Property details

Price
$190,000
Bedrooms
3
Bathrooms
2
Interior
1,226 sqft
Price / sqft
$155
Year built
1938
Lot size
8,477 sqft
Type
Single Family
Days on market
3
Est. property tax
$3,192/yr · $266/mo · 1.68% TX avg

Estimated monthly payment

Down payment20% ($38,000)
Interest rate6.75%
Principal & Interest$986
Property Tax$174
Insurance$150
Total$1,310/mo

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Price history

$192K$180K$168K$170K on Dec 20 (Initial list)$190K on Apr 26 (Initial list)
$170K · Dec 20$190K · Apr 26
  1. Apr 24, 2026$190,000Initial list price
  2. Dec 30, 2020$170,000Initial list price

Location

This home is located in Dallas, TX, in the Dallas-Fort Worth area. Browse more Dallas listings on the Dallas market page or explore the full Dallas market report.

About Dallas: Dallas is a city in the U.S. state of Texas. Located in the state's northern region, it is the ninth-most populous city in the United States and third-most populous city in Texas, with a population of 1.3 million at the 2020 census. Along with the city of Fort Worth, Dallas anchors the Dallas–Fort Worth metroplex, the fourth-most populous metropolitan area in the U.S. and the most populous metropolitan area in Texas, at 8.5 million people. Dallas is a core city of the largest metropolitan area in the Southern U.S. and the largest inland metropolitan area in the U.S. that lacks any navigable link to the sea. It is the seat of Dallas County, covering nearly 386 square miles (1,000 km2) and extending into Collin, Denton, Kaufman, and Rockwall counties. (source: Wikipedia)

Climate: Average year-round temperature is 69°F with 235 dry days per year and 52.7 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 75216)

Median age is 33.5; 7% hold a bachelor's degree; 55% of homes are owner-occupied; median household income is $33,889.

Median income
$33,889
Median age
33.5
Owner-occupied
54.7%
Bachelor's degree
6.5%
Census median home value
$106,800

Source: US Census Bureau American Community Survey 5-year estimates.

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