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$277,000

NAL Estimated Property Value

1423 Rowan Avenue, Dallas, TX, 75223

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,415 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.87 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,200 sqft

Building Information

Garage Spaces2

Land Information

APN00000154588000000
Lot Number4
SubdivisionD Rowans Addition
Land UseResidential
Legal DescriptionD ROWANS BLK 1453 PT LT 4 40X180 INT202200312223 DD11172022 CO-DC 1453 000 00400 1DA1453 000
Census Tract002500
Assessed Land Value$86,400
Assessment Year2025

About this property

NEW CONSTRUCTION HOME THAT IS PRICED TO SELL! This beautiful home features 3 bedrooms, 2 bathrooms, 1415 sf, has an open floor plan, quartz kitchen island, luxury vinyl flooring and modern tile finish outs in the bathrooms. Stainless steel appliances will be included in the home purchase. This home has a 2 car garage and a separate utility room. Entertain your family and friends in this open floor plan! Purchase is restricted by income and part of an Affordable Housing Program with the City of Dallas. Buyer household income must be between 81-120% AMI. Restrictive covenants will restrict the occupancy of the Affordable Housing Unit for five (5) years from the date the home is sold to a qualified buyer. We highly recommend using our preferred lender to ensure a smooth close. Buyers must make an estimated $65,000-$98,000 for a single person household. $75,000-$112,000 for a two person household. $84,000-$126,000 for a three person household. Inquire for more info. Photos shown are of another build at 1554 Caldwell. No investors. No cash. This is not Section 8. Inquire for more info! Home is completed and ready for its buyers!

Investor Tools

Property Icon
$277,000
Estimated Property Value
$259,671Estimated Mortgage Balance
$17,329Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$966
$86,400
2025
$86,400
N/A
$86,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$966
$86,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$249,850
No
First
Oct 31, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,671
$17,329
6%
94%
$1,573/mo

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.

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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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1423 Rowan Avenue | Property Details | No Agent List