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$257,000

NAL Estimated Property Value

1415 Caravan Trl, Dallas, TX, 75241

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,761 Sq Ft
price_per_sqft$144.8 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Ceramic Tile, Laminate, Terrazzo

Exterior

Lot Size8,255 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00000485737000000
Lot Number48
SubdivisionSinging Hills 2
Land UseResidential
Legal DescriptionSINGING HILLS 2 BLK K/6021 LT 48 INT202300160489 DD08092023 CO-DC 6021 00K 04800 2DA6021 00K
Census Tract011300
Assessed Land Value$85,000
Assessed Improvement Value$155,050
Assessment Year2025

About this property

AMAZING OPPORTUNITY to own a move in ready ranch home with a spacious floor plan on a 65ft wide lot in an established Oak Cliff neighborhood. The Singing Hills neighborhood is located 15 minutes from Downtown Dallas and is also close to restaurant, shopping and entertainment options. This lovely neighborhood features some hills, plenty of towering mature trees and is very close to Five Mile Creek, Glendale Park and Singing Hills Park. Upon entering, you are greeted by a beautiful terrazzo tile entry foyer leading to a spacious floor plan featuring 4 beds, 2 baths, 2 large living areas and over 1700sqft of living space. In June 2023, a new roof was installed and new carpet, interior paint were completed. The backyard features a detached 2 car garage, a covered patio area and grassy area. You will fall in love with the character, charm and the indoor and outdoor entertaining options of this lovely Oak Cliff hidden gem!!

Investor Tools

Property Icon
$257,000
Estimated Property Value
$247,332Estimated Mortgage Balance
$9,668Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,365
$240,050
2025
$85,000
$155,050
$240,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,365
$240,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$250,381
Yes
First
Aug 8, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,332
$9,668
3%
96%
$1,563/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,563/mo
+$1,009/mo
12.0%

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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1415 Caravan Trl | Property Details | No Agent List