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Owner Contacts

$340,500

NAL Estimated Property Value

1218 Fairdale St, Irving, TX, 75062

Off Market

4 Beds

2 Bath

1,308 Sq Ft

$266.74 / sqft

Built in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesSome Gas Appliances, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Gas, Refrigerator

Exterior

Lot Size7,150 sqft

Building Information

Year Built1964

Stories1

Roof Type105

Garage Spaces1

Land Information

APN32114500040040000

Lot Number4

SubdivisionFairlane Park

Land UseResidential

Legal DescriptionFAIRLANE PARK BLK 4 LOT 4 INT202300214458 DD10182023 CO-DC 1145000400400 2CI11450004

Census Tract014315

Assessed Land Value$60,000

Assessed Improvement Value$280,500

Assessment Year2025

About this property

4.5% INTEREST BUY DOWN AVAILABLE. Introducing 1218 Fairdale, - a remarkable vaulted ceiling home that has undergone a complete transformation, rivaling new construction. This stunning property features vaulted ceilings, four spacious bedrooms, and two full bathrooms, offering a harmonious blend of style and functionality. Step inside to discover an inviting open concept design, accentuated by the gleaming stainless steel appliances in the modern kitchen. With meticulous attention to detail, this fully remodeled home presents an exceptional opportunity for those seeking a contemporary living experience. New components include the following: New Electrical Panel and Wiring, New Plumbing, New HVAC, New Insulation, New Windows, New Floors, New Cabinets, New Appliances, New Paint, New Sheetrock, New Texture, New Backyard Fence, New Roof, New Light-fixtures, New Toilets, New Tile, New Baseboards and Trim and a NEW OPPORTUNITY TO MAKE THIS YOUR NEXT HOME.

Investor Tools

$340,500

Estimated Property Value

$0Estimated Mortgage Balance

$340,500Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,093 /month

Positive

Cash Flow Estimate:

$698 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$720/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,935

$340,500

2025

$60,000

$280,500

$340,500

Tax History

Year

Tax Paid

Assessed Value

2024

$6,935

$340,500

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$340,500

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

N/A

+$2,572/mo

9.1%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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