Last 24 Hours
$390,000
NAL Estimated Property Value1004 S Bishop Ave, Dallas, TX, 75208
Off Market
4 Beds
4 Bath
1,700 Sq Ft
Single Family Residence
$234.71 / sqft
Built in 1925Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 4
Bathrooms Full 3
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Gas Oven, Microwave
Exterior
Exterior FeaturesRain Gutters
Lot Size7,928 sqft
Building Information
Year Built1925
Stories1
Roof Type105
Garage Spaces1
Land Information
APN00000275458000000
Lot Number9
SubdivisionHomestead Park
Land UseResidential
Legal DescriptionHOMESTEAD PARK BLK 4/3502 LOT 9 INT202400014354 DD01182024 CO-DC 3502 004 00900 2003502 004
Census Tract005000
Assessed Land Value$200,000
Assessed Improvement Value$190,000
Assessment Year2025
About this property
Bishop Arts, Dallas Zoo, 10 minutes from downtown. Situated perfectly between Bishop Arts and Wynnewood North. These are just a few of the perks that come with this one of a kind property. Taken to the studs, the gorgeous open living room and kitchen is complimented by 4BR, 3BA an Office Flex room and a detached space that is perfect for a mancave, she-shed or future pool house. Long extended drive with secure parking behind gated fence. Cedar wood accents the huge welcoming porch. The large backyard is a blank canvas to have ready for the fall. This home has been a profitable and successful Airbnb for over a year.
Investor Tools
$390,000
Estimated Property Value
$362,332Estimated Mortgage Balance
$27,668Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$891/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,743
$390,000
2025
$200,000
$190,000
$390,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,743
$390,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$378,300
No
First
Jan 18, 2024
Feb 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,332
$27,668
7%
93%
$2,269/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,269/mo
+$303/mo
7.9%
12.4%