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$721,000

NAL Estimated Property Value

1403 Tranquilla Drive, Dallas, TX, 75218

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,797 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$375.63 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringTile, Wood

Exterior

Lot Size19,610 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000374725000000
Lot Number11
SubdivisionCasa Linda
Land UseResidential
Legal DescriptionCASA LINDA ESTATES BLK 4/5322 LT 11 VOL2004236/0473 DD12032004 CO-DC 5322 004 01100 3005322 004
Census Tract008200
Assessed Land Value$313,760
Assessed Improvement Value$289,990
Assessment Year2025

About this property

Located in coveted Casa Linda Estates, this charming home exudes a delightful storybook cottage feel and is located on a .49 acre corner lot. Step inside to discover beautiful hardwood floors that flow throughout the living spaces, creating a warm and inviting ambiance which is flooded with natural light throughout. Large floor to ceiling windows throughout the home allow light to drench the rooms. Kitchen is warm and functional with access to the backyard and cozy breakfast nook. The inviting deck and garden with expansive patio are a beautiful, private, and quiet space from which to enjoy this gorgeous backyard. Home has been meticulously maintained and loved over the years of ownership. Improvements include 2 HVAC replacements, sewer line, roof replacement, and minor foundation work among many cosmetic improvements. Walk to the grocery store or to dine out at local restaurants just 5 minutes away! Located in the heart of East Dallas, this home is within walking distance to Casa Linda Plaza, a short commute to downtown, and less than a mile from White Rock Lake and the Dallas Arboretum.Don't miss this fabulous opportunity to own a well maintained, adorable home on almost a half acre lot in the heart of East Dallas!

Investor Tools

Property Icon
$721,000
Estimated Property Value
$83,929Estimated Mortgage Balance
$637,071Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,326 /month
Positive
Cash Flow Estimate:
$1,442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$995/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,337
$603,750
2025
$313,760
$289,990
$603,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,337
$603,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$100,000
No
First
Jun 15, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,929
$637,071
88%
12%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$600/mo
+$1,050/mo
2.7%

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.

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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1403 Tranquilla Drive | Property Details | No Agent List