Last 24 Hours
$238,000
NAL Estimated Property Value11816 Strand Street, Dallas, TX, 75218
Off Market
2 Beds
1 Bath
888 Sq Ft
Single Family Residence
$197.07 / sqft
Built in 1952Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
Heating Central
CoolingAppliancesGas Cooktop
FlooringCeramic Tile, Wood
Exterior
Lot Size7,348 sqft
Building Information
Year Built1952
Stories1
Roof Type105
Garage Spaces1
Land Information
APN00000605929000000
Lot Number14
SubdivisionGaston Park No 2
Land UseResidential
Legal DescriptionGASTON PARK NO 2 BLK 20/6584 LT 14 INT202000320442 DD11172020 CO-DC 6584 020 01400 3006584 020
Census Tract012801
Assessed Land Value$100,000
Assessed Improvement Value$121,530
Assessment Year2025
About this property
Upgrades and Updates galore in this Dallas Bungalow! The home features a new Roof (2020), fresh interior and exterior paint (2020), new gas water heater (2019), and a new HVAC system (2008.) Additional attic insulation and Double Pane Low-E windows help to maximize efficiency. The home also features gleaming hardwoods throughout, a remodeled kitchen and bathroom and a cedar closet The large back yard is in nearly full shade with mature trees and separate gated area for a dog run or garden. The house is nearby the Dallas Arboretum, NorthPark Mall, Greenville Ave. and Lake Highlands Montessori schools. We are expecting high demand for the home. Offers are due Monday, October 19th by 12:00 noon.
Investor Tools
$238,000
Estimated Property Value
$148,600Estimated Mortgage Balance
$89,400Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,031
$221,530
2025
$100,000
$121,530
$221,530
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,031
$221,530
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$166,250
No
First
Nov 17, 2020
Dec 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,600
$89,400
37%
62%
$997/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$997/mo
+$653/mo
8.3%
12.4%