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$341,860

NAL Estimated Property Value

11616 Mcrae Road, Dallas, TX, 75228

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,151 Sq Ft
price_per_sqft$92.93 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,525 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820132560000
Lot Number29
SubdivisionBriorwood
Land UseResidential
Legal DescriptionBRIORWOOD ESTATES BLK 12/8049 LT 29 AT HOUSLEY DR INT201800269978 DD10052018 CO-DC 8049 012 02900 3008049 012
Census Tract012601
Assessed Land Value$70,000
Assessed Improvement Value$271,860
Assessment Year2025

About this property

AWESOME opportunity to own a roomy home on a CORNER LOT with an excellent floor plan, in an even better location! 4 generously sized bedrooms split from 2 large living areas, 2 dining areas and a great, galley kitchen with tons of cabinets and counter space! Second living just off of the kitchen and offers TONS of space which could easily be used as a game room. Just minutes from 635, 30 and 75 for an easy commute anywhere around Dallas. This one is PRICED TO SELL! *** INVESTORS WELCOMED - GREAT ARV IN THIS NEIGHBORHOOD! ***

Investor Tools

Property Icon
$341,860
Estimated Property Value
$158,886Estimated Mortgage Balance
$182,974Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,051 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$563/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,049
$341,860
2025
$70,000
$271,860
$341,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,049
$341,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$177,050
No
First
Jan 7, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,886
$182,974
53%
46%
$1,062/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,062/mo
+$910/mo
6.9%

City: Dallas