1view

Owner Contacts

$264,000

NAL Estimated Property Value

1223 Serenade Ln, Dallas, TX, 75241

Off Market

3 Beds

2 Bath

1,878 Sq Ft

$146.43 / sqft

Built in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave

Exterior

Lot Size8,762 sqft

Building Information

Year Built1961

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000646645000000

Lot Number7

SubdivisionGlenview

Land UseResidential

Legal DescriptionGLENVIEW BLK 3/6900 BLK 3/6900 LT 7 INT202500015241 DD01242025 CO-DC 6900 003 00700 2006900 003

Census Tract011300

Assessed Land Value$55,000

Assessed Improvement Value$198,030

Assessment Year2025

About this property

*HUGE PRICE DROP* Completly Gutted and Beautifully Reconfigured in a Quiet and a well established community. 3 bedrooms 2 baths 2 dining, 2 living, 2 car garage; Interior design features modern fixtures, Quartz kitchen counter tops, new stainless steel gas appliances, farm house sink, faucet, tile backsplash. New laminate floors in all rooms and new baseboards in the living, kitchen and bathrooms. New modern floating bath vanities and faucets. New ceiling fans in all rooms, Updated light switches , plugs, plumbing, new exterior and interior doors, hinges and knobs. New bath tub with tiles, new tiled standing shower with new faucets, new commodes. New garage door opener, new air compressor, paint in and out. Seller a real estate broker. Close to HWY 35, Loop 12 and Hwy 67 about 12 minutes to Downtown Dallas.

Investor Tools

$264,000

Estimated Property Value

$263,637Estimated Mortgage Balance

$363Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,650 /month

Positive

Cash Flow Estimate:

$550 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$576/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,588

$253,030

2025

$55,000

$198,030

$253,030

Tax History

Year

Tax Paid

Assessed Value

2024

$5,588

$253,030

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Kind Lending Llc

Fha

$270,019

Yes

First

Jan 24, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$263,637

$363

100%

$1,619/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,619/mo

+$353/mo

9.0%

Learn About the Market: Opportunity in Dallas

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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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