Street View

B+

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Owner Contacts

$259,500

12260 Ortega St, Dallas, TX, 75253

Off Market

3 Beds

2 Bath

1,346 Sq Ft

Single Family Residence

$192.79 / sqft

Built in 1996

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesPrivate Yard

Lot Size7,500 sqft

Building Information

Year Built1996

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00883300020340000

Lot Number34

SubdivisionReplat-Casa Loma

Land UseResidential

Legal DescriptionREPLAT-CASA LOMA ESTATES BLK 2/8833 LOT 34 INT202200229572 DD08242022 CO-DC 8833 002 03400 4DA8833 002

Census Tract017101

Assessed Land Value$40,000

Assessed Improvement Value$219,460

Assessment Year2025

About this property

Fantastic LOCATION! Meticulously maintained home with quick access to major highways: 20, 635, and 175, while still providing the calm and peaceful suburb feel. At entry you are greeted by stunning laminate wood flooring centered around a dazzling wood burning fireplace. Seamlessly you transition into a superb eat in kitchen highlighting gorgeous backsplash with beautiful granite counters. The homes master en suite is separate from other bedrooms featuring vaulted ceilings with a large walk in closet. A generous SIZE backyard with ample space to kick or throw a ball around showcasing a privacy wood fence and a covered porch for those HOT Texas summers! DEADLINE TO SUBMIT OFFERS HIGHEST AND BEST MONDAY July 25th 12NOON CST.

Investor Tools

$259,460

Estimated Property Value

$255,290Estimated Mortgage Balance

$12,497Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,557 /month

Positive

Cash Flow Estimate:

$519 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$403/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,539

$259,460

2025

$40,000

$219,460

$259,460

Tax History

Year

Tax Paid

Assessed Value

2024

$3,539

$259,460

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Fha

$255,290

Yes

First

Aug 24, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$246,963

$12,497

95%

$1,593/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,593/mo

+$379/mo

9.1%

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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