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$418,000

NAL Estimated Property Value

1414 Morrell Avenue, Dallas, TX, 75203

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,950 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.26 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesOther
Lot Size6,700 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000280123000000
Lot Number4
SubdivisionEdgemont Addn #3
Land UseResidential
Legal DescriptionEDGEMONT ADDN #3 BLK 26/3587 LOT 4 MORRELL AVE INT202200296747 DD11152022 CO-DC 3587 026 00400 2003587 026
Census Tract021000
Assessed Land Value$90,000
Assessed Improvement Value$278,170
Assessment Year2025

About this property

HOME SWEET HOME! Absolutely Beautiful, Modern & Spacious NEW Construction Home near Downtown Dallas! Great Craftsmanship on this Beautiful Home with Fabulous Floor Plan boasting 11ft Vaulted ceilings, 8ft doors, Neutral colors, high-quality finish-out, 4 Bedrooms, 2 Living, 2 Dining, 2 Luxurious Full Baths & a 2 Car Garage. Custom Built Wood Cabinetry with Quartz Stone Counters in Peninsula Kitchen & Baths, SS Appliances. Separate shower & dual sinks in Luxurious Master Bath with Walk-in shower & more. Oversized Covered Patio is perfect for entertaining. No HOA & great location within 8 min. of downtown Dallas, Shopping & Dining, upcoming Deck Park, Dallas Zoo & Bishop Arts. Buyer & Buyer's Agent to verify all property info. Home is completed & Move-in Ready. Don't miss out & Send your Offer Today! Priced to Sell!

Investor Tools

Property Icon
$418,000
Estimated Property Value
$401,115Estimated Mortgage Balance
$16,885Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,823
$368,170
2025
$90,000
$278,170
$368,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,823
$368,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$402,862
Yes
First
Feb 17, 2026
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,115
$16,885
4%
96%
$2,416/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,416/mo
+$156/mo
7.4%

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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1414 Morrell Avenue | Property Details | No Agent List