Street View

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Owner Contacts

$2,140,000

10404 Somerton Dr, Dallas, TX, 75229

Off Market

4 Beds

4 Bath

3,727 Sq Ft

Single Family Residence

$2.68 / sqft

Built in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater

FlooringCeramic Tile, Wood

Exterior

Lot Size16,074 sqft

Building Information

Year Built2005

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000526879000000

Lot Number12

SubdivisionNorthway Hills

Land UseResidential

Legal DescriptionNORTHWAY HILLS BLK H/6151 LOT 12 INT20070083759 DD02282007 CO-DC 6151 00H 01200 1006151 00H

Census Tract009500

Assessed Land Value$651,000

Assessed Improvement Value$1,034,270

Assessment Year2025

About this property

Updating just completed. Four bedroom, with study. Home located in Northway Hills blocks away from ESD. Wonderful open layout with updated kitchen, and hardwood floors throughout. Kitchen includes SS appliances, built-in fridge, granite countertops, and double oven. Spacious master bath includes ceramic tile, walk-in shower, tub, and walk in closet. Three bedrooms upstairs and game room. Home has rear gated entryway with great size backyard and pool. Pool Maintenance included. Pets are on a case by case basis.

Investor Tools

$2,140,000

Estimated Property Value

$600,000Estimated Mortgage Balance

$1,287,396Estimated Equity

72% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$12,840 /month

Positive

Cash Flow Estimate:

$4,280 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,577/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$32,221

$1,685,270

2025

$651,000

$1,034,270

$1,685,270

Tax History

Year

Tax Paid

Assessed Value

2024

$32,221

$1,685,270

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Mortgage Corp

Purchase Money Mortgage

$610,000

First

Feb 26, 2007

Mar 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$852,604

$1,287,396

60%

40%

$8,701/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$8,701/mo

$-6,129/mo

1.4%

Learn About the Market: Opportunity in Dallas

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