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Owner Contacts

$390,600

NAL Estimated Property Value

1214 Newport Ave, Dallas, TX, 75224

Off Market

4 Beds

4 Bath

1,228 Sq Ft

Single Family Residence

$203.58 / sqft

Built in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Gas Cooktop, Gas Range

FlooringCeramic Tile, Wood

Exterior

Lot Size8,073 sqft

Building Information

Year Built1956

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000313948000000

Lot Number4A & E

SubdivisionElmwood

Land UseResidential

Legal DescriptionELMWOOD BLK 15/4276 LT 4A & E 1FT 5A INT202100215701 DD07162021 CO-DC 4276 015 04A00 2004276 015

Census Tract006302

Assessed Land Value$95,000

Assessed Improvement Value$295,600

Assessment Year2025

About this property

Well maintain home in sought after Elmwood subdivision, that offers plenty of space for the whole family. A total of 4 bedrooms, 3.5 baths and 1 car detached garage with storage space and small porch for relaxation. New roof in Feb. 2021, painted in October 2020. Ceramic tile and original hardwood floors through the house. The addition includes a master room and bath and has its private entrance. It is perfect for mother-in-law headquarters. Or family member temporary visits. Long driveway offers parking for several vehicles. Walking distance to elementary school.

Investor Tools

$390,600

Estimated Property Value

$305,514Estimated Mortgage Balance

$85,086Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,344 /month

Positive

Cash Flow Estimate:

$781 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$593/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,161

$390,600

2025

$95,000

$295,600

$390,600

Tax History

Year

Tax Paid

Assessed Value

2024

$5,161

$390,600

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Caliber Home Loans Inc

Fha

$336,478

Yes

First

Jul 16, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$305,514

$85,086

21%

78%

$2,018/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,018/mo

+$554/mo

7.9%

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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