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$187,250

NAL Estimated Property Value

1420 Kingsley Drive, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.39 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Refrigerator
FlooringCarpet, Laminate, Other, Wood

Exterior

Exterior FeaturesOther, Private Yard, Storage
Lot Size7,459 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000318568000000
Lot NumberE
SubdivisionGlendale Acres
Land UseResidential
Legal DescriptionGLENDALE ACRES BLK 10/4351 LT E INT202200057571 DD02282022 CO-DC 4351 010 00E00 2004351 010
Census Tract005901
Assessed Land Value$65,000
Assessed Improvement Value$122,250
Assessment Year2025

About this property

Why continue to rent when you can purchase this CUTIE! NEW 50YR ROOF, This home has so much to offer, PERFECT FOR THE FIRST TIME HOME BUYER OR THIS HOME WILL MAKE AN EXCELLENT TURN KEY RENTAL! Conveniently located within walking distance and just minutes from the DART transportation! The owner took great pride in caring for this home. Original & gorgeous hardwood floors throughout. Cozy and inviting living room with a flex space that could be a game room or a formal dinning room or a bedroom, the possibilities are endless. Breakfast area is open to the kitchen! Detached one car garage & BONUS A HARD TO FIND GUEST HOUSE OR WORKSHOP WITH A FULL FUNCTIONING HALF BATHROOM AND ELECTRIC! DON'T MISS IT CALL ME TODAY!

Investor Tools

Property Icon
$187,250
Estimated Property Value
$157,329Estimated Mortgage Balance
$29,921Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,218 /month
Positive
Cash Flow Estimate:
$406 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,185
$187,250
2025
$65,000
$122,250
$187,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,185
$187,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$171,000
No
First
Feb 28, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,329
$29,921
15%
84%
$1,026/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,026/mo
+$946/mo
12.6%

City: Dallas

1420 Kingsley Drive | Property Details | No Agent List