$674,000
NAL Estimated Property Value1023 Folsom Street, Dallas, TX, 75208
$876,200 ARV
Off Market
Property Lead Type:
BankruptcyOff-Market ListARV FlipHigh EquityMove-In Ready
Highlights
Interior
AppliancesNone
Exterior
Lot Size3,250 sqft
Building Information
Year Built2018
Stories2
Roof Type105
Garage Spaces2
Land Information
APN00000300226000000
Lot Number13
SubdivisionRobinson
Land UseResidential
Legal DescriptionROBINSON BLK 3/4009 W PTLT 13 ACS 0.0746 INT202100112942 DD04142021 CO-DC 4009 003 01300 2004009 003
Census Tract004300
Assessed Land Value$58,500
Assessed Improvement Value$507,090
Assessment Year2025
About this property
NEW CONSTRUCTION IN NEED OF COMPLETION. ONE TIME OPPORTUNITY .This duplex is located off of Fort Worth Avenue close to the Belmont Hotel in North Oak Cliff. Active area with many new construction and sale. Avg270$ per sqft. listing SQFT is taken from DCAD.
Investor Tools
$674,000
Estimated Property Value
$454,247Estimated Mortgage Balance
$219,753Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$876,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,044 /month
Positive
Cash Flow Estimate:
$1,348 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,142/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,329
$565,590
2025
$58,500
$507,090
$565,590
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,329
$565,590
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$503,200
No
First
Apr 14, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,247
$219,753
32%
67%
$3,017/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,017/mo
$-1,045/mo
3.5%
