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Owner Contacts

$600,000

NAL Estimated Property Value

1059 Tea Olive Lane, Dallas, TX, 75212

Off Market

3 Beds

4 Bath

2,158 Sq Ft

Single Family Residence

$266.45 / sqft

Built in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesConvection Oven, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Gas Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters

Lot Size1,650 sqft

Building Information

Year Built2018

Stories3

Roof Type105

Garage Spaces2

Land Information

APN007257000B0490000

Lot Number49

Land UseResidential

Legal DescriptionTRINITY GATES PH 2 BLK B/7257 LT 49 INT202200116684 DD04252022 CO-DC 7257 00B 04900 4DA7257 00B

Census Tract004300

Assessed Land Value$90,000

Assessed Improvement Value$510,000

Assessment Year2025

About this property

Luxurious modern three-story home located in the heart Trinity Grove, conveniently located near Dallas Design District, Bishop Arts, Victory Park and downtown Dallas. This stunning home features expansive open concept living w balcony patio, large dining w designer fixture. Chef inspired kitchen w large island, additional serving area-bar with storage, gas cooktop, ss appliances, walk-in pantry, granite countertops, hardwood flooring. Spacious master features ensuite w dual sinks, large shower, garden tub, oversized closet. Secondary bedrooms all feature ensuites. Two car garage w epoxy flooring. Community features pool, jogging-bike path and park. Amazing views of the Dallas skyline perfect for entertaining!

Investor Tools

$600,000

Estimated Property Value

$490,586Estimated Mortgage Balance

$109,414Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,600 /month

Positive

Cash Flow Estimate:

$1,200 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,030/month

$1,300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,362

$600,000

2025

$90,000

$510,000

$600,000

Tax History

Year

Tax Paid

Assessed Value

2024

$9,362

$600,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Mortgage Solutions Llc

Conventional

$536,750

First

Apr 25, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$490,586

$109,414

18%

82%

$2,336/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$3,636/mo

$-1,664/mo

3.9%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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