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$250,770

NAL Estimated Property Value

1402 Rio Hondo Dr, Dallas, TX, 75218

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths984 Sq Ft
price_per_sqft$1.63 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size7,422 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000378019000000
SubdivisionCasa Vale
Land UseResidential
Legal DescriptionCASA VALE BLK 1/5361 LOT 13 INT201600274741 DD09282016 CO-DC 5361 001 01300 3005361 001
Census Tract012802
Assessment Year2025

About this property

Charming Remodeled Cottage Near Lochwood & White Rock Lake – Fenced Yard & Affordable Living. Looking for a rental that feels like home? This charming remodeled cottage is tucked away in a quiet, friendly neighborhood just outside of Lochwood and only minutes from beautiful White Rock Lake. It’s the perfect blend of style, space, and value—all for less than what you’d pay to live in an apartment! Step inside to an open-concept layout featuring hardwood floors, modern lighting, and a bright, airy feel throughout. The spacious living room flows into a cozy den and dining area, anchored by a fully updated kitchen with stainless steel appliances, refreshed cabinetry, and sleek finishes—ideal for cooking and entertaining. You’ll love the two bedrooms with carpet and the tastefully remodeled bathroom. A full-size laundry room, fresh paint throughout, and a recently replaced refrigerator and dishwasher add convenience and peace of mind. Outside, enjoy your own clean, private, fenced backyard—perfect for pets, weekend BBQs, or just relaxing in your own space. Skip the noise and crowds of apartment living. This move-in-ready cottage offers more privacy, more charm, and more value. Don’t miss out! As a tenant, you will need to verify all details, including but not limited to room sizes, measurements, schools, and MLS data. While the information provided is considered reliable, it is not guaranteed.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,605
$250,770
2025
N/A
N/A
$250,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,605
$250,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ethelyn Jane Newell
Seller Carryback / Seller Financing / Seller Take-Back
$60,000
No
First
Dec 15, 2005
Dec 2010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,326
$223,444
89%
11%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$360/mo
+$1,290/mo
7.9%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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1402 Rio Hondo Dr | Property Details | No Agent List