$2,140,000
NAL Estimated Property Value10404 Somerton Dr, Dallas, TX, 75229
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
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
$852,604Estimated Mortgage Balance
$1,287,396Estimated Equity
60% 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
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
No
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
No
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%
