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$2,299,670

NAL Estimated Property Value

1423 Verano Drive, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.79 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringHardwood, Laminate, Linoleum, Tile, Wood

Exterior

Lot Size18,984 sqft

Building Information

Year Built2024
Stories1
Roof Type111
Garage Spaces2

Land Information

APN00000374800000000
Lot Number16
SubdivisionCasa Linda
Land UseResidential
Legal DescriptionCASA LINDA ESTATES BLK 6/5323 LT 16 PROB#04-00300-P INT202200087201 DD03282022 CO-DC 5323 006 01600 3005323 006
Census Tract008200
Assessed Land Value$303,740
Assessed Improvement Value$1,995,930
Assessment Year2025

About this property

Located in the heart of Casa Linda Estates in East Dallas this home has been well maintained, loved, and cared for by one family. Solid floor plan offers 2 bedrooms down with a unique second story bedroom and bath. Unbelievable natural light. Gorgeous hardwood floors in living room, stairs, and bedrooms. Generous sized bedrooms with lots of windows. Light and bright kitchen overlooks massive landscaped backyard. Adorable sunroom could make a great home office. Home is a great candidate for a full renovation or could be perfected with some strategic updates to bring it into the current time with its existing footprint. Walking distance to coffee and restaurants and a stone's throw from White Rock Lake, the Dallas Arboretum & all the Lake and Garden District has to offer. Truly a diamond in the rough! See offer instructions in transaction desk for seller names. MULTIPLE OFFERS HAVE BEEN RECEIVED. DEADLINE FOR BEST AND FINAL IS 6PM SUNDAY, MARCH 13TH.

Investor Tools

Property Icon
$2,299,670
Estimated Property Value
$0Estimated Mortgage Balance
$2,299,670Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,798 /month
Positive
Cash Flow Estimate:
$4,599 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,737
$2,299,670
2025
$303,740
$1,995,930
$2,299,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,737
$2,299,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,299,670
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
N/A
+$2,710/mo
1.4%

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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1423 Verano Drive | Property Details | No Agent List