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Owner Contacts

$451,970

NAL Estimated Property Value

14040 Far Hills Lane, Dallas, TX, 75240

Off Market

4 Beds

2 Bath

2,049 Sq Ft

$165.45 / sqft

Built in 1967

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater

FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage

Lot Size9,858 sqft

Building Information

Year Built1967

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000741952000000

Lot Number27

SubdivisionHillcrest Homes 4th Sec

Land UseResidential

Legal DescriptionHILLCREST HOMES 4TH SEC BLK 36/7497 LT 27 INT202000368562 DD12302020 CO-DC 7497 036 02700 3007497 036

Census Tract013610

Assessed Land Value$150,000

Assessed Improvement Value$301,970

Assessment Year2025

About this property

This family home is ready for its next chapter after being cared for and loved for 52 years. The home is immaculate, with fresh carpet in the den, fresh paint throughout, a Trane HVAC 2019, Rheem gas water heater 2015, Whirlpool stainless dishwasher 2018, GE ceramic cooktop and stainless wall oven with convection cooking 2015, stainless range hood 2017, roof 2013. Fully sprinklered. Transferrable foundation warranty. Just between the family room and kitchen is a bonus storage space that would make a great craft room or butler's pantry. A shed and extra storage closet out back too. Add your personal touches and call this one HOME in time for the holidays!

Investor Tools

$451,970

Estimated Property Value

$299,720Estimated Mortgage Balance

$152,250Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,712 /month

Positive

Cash Flow Estimate:

$904 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$844/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,866

$451,970

2025

$150,000

$301,970

$451,970

Tax History

Year

Tax Paid

Assessed Value

2024

$7,866

$451,970

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Summit Funding Inc

Conventional

$334,650

First

Dec 30, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$299,720

$152,250

33%

66%

$2,007/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,007/mo

+$565/mo

6.8%

Learn About the Market: Opportunity in Dallas

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