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B+
NoAgentList RatingHow are grades calculated? Info

$697,000

1123 Valencia St, Dallas, TX, 75223

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,849 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.16 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Lot Size14,364 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000206614000000
Lot Number1
SubdivisionHollywood
Land UseResidential
Legal DescriptionHOLLYWOOD BLK 21/2221 LOT 1 VALENCIA SARASOTA AND EAST GRAND INT202500084107 DD04242025 CO-DC 2221 021 00100 1002221 021
Census Tract001203
Assessed Land Value$378,900
Assessed Improvement Value$256,100
Assessment Year2025

About this property

Nestled in the heart of Hollywood Heights and zoned for Lakewood Elementary, this beautifully updated 1953 ranch blends timeless character with modern convenience. With neighboring views of Grand Park and Tenison Golf Course and easy access to White Rock Lake and the Santa Fe Trail, this home is a dream for outdoor enthusiasts. Step inside to find a bright, welcoming space with wood-beamed ceilings, original hardwood floors, expansive windows, and an open layout designed for effortless living. The soft gray kitchen cabinetry, brass fixtures, and warm wood tones add a touch of elegance, while fresh updates throughout the home enhance both comfort and functionality. Meticulously maintained, the home features a new HVAC system, updated plumbing, new air ducts, blown-in attic insulation, and a brand-new roof. The backyard is a private retreat with a spacious deck perfect for entertaining. Move-in ready and full of charm, this home is ideal for those looking to enjoy the best of East Dallas living in a sought-after neighborhood! Washer and Dryer included

Investor Tools

Property Icon
$697,000
Estimated Property Value
$0Estimated Mortgage Balance
$697,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,182 /month
Positive
Cash Flow Estimate:
$1,394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,935
$635,000
2025
$378,900
$256,100
$635,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,935
$635,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$697,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
3.4%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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1123 Valencia St | Property Details | No Agent List