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Owner Contacts

$215,700

NAL Estimated Property Value

1316 Adelaide Drive, Dallas, TX, 75216

Off Market

3 Beds

2 Bath

1,585 Sq Ft

Single Family Residence

$94.63 / sqft

Built in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesGas Oven

FlooringCarpet

Exterior

Lot Size7,636 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000484708000000

Lot Number9

SubdivisionGlendale

Land UseResidential

Legal DescriptionGLENDALE BLK C/6019 LT 9 INT202100103813 DD04062021 CO-DC 6019 00C 00900 2006019 00C

Census Tract005901

Assessed Land Value$65,000

Assessed Improvement Value$150,700

Assessment Year2025

About this property

Do not let the investors beat you to the great value home that has good bones. oozing with curb appeal this 1950's diamond in the rough is great for a first-time homeowner who is ready for light updates. Get ready to grab a can of paint to add your personal touch. The garage conversion adds the additional living area you will love. And the generous backyard has a large storage shed with a chain linked fence. This one will not last long. Come by and see the possibilities yourself!

Investor Tools

$215,700

Estimated Property Value

$132,955Estimated Mortgage Balance

$82,745Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,294 /month

Positive

Cash Flow Estimate:

$431 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$286/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,359

$215,700

2025

$65,000

$150,700

$215,700

Tax History

Year

Tax Paid

Assessed Value

2024

$2,359

$215,700

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Fha

$147,283

Yes

First

Apr 6, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$132,955

$82,745

38%

62%

$884/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$884/mo

+$1,088/mo

11.0%

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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