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Owner Contacts

$1,185,000

1503 Corto Drive, Dallas, TX, 75218

Off Market

4 Beds

3 Bath

3,321 Sq Ft

Single Family Residence

$281.54 / sqft

Built in 1949

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, Wood

Exterior

Lot Size24,143 sqft

Building Information

Year Built1949

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000375043000000

Lot Number4

SubdivisionCasa Linda

Land UseResidential

Legal DescriptionCASA LINDA ESTATES BLK 9/5332 LT 4 INT202000165686 DD06252020 CO-DC 5332 009 00400 3005332 009

Census Tract008200

Assessed Land Value$386,290

Assessed Improvement Value$502,690

Assessment Year2025

About this property

Beautiful restoration-addition in coveted Casa Linda Estates. Huge corner lot provides privacy & space in the Heart of East Dallas. Craftsmanship & detail abound in this most recent Tivoli Construction project featuring 4 bedrooms,4 baths,2 living areas,study & oversized kitchen-den great room. When entering the cozy front living area,there is a sense of mystery as to what is to come. Beautiful hardwoods,vaulted ceilings & open kitchen-den great room,are just around the corner. Kitchen features 6-burner Bertazzoni stove with double ovens & griddle,island with drawer microwave & beautiful stone countertops. Master with vaulted ceilings,huge WIC,luxurious bath. Beautiful backyard with large deck & room for pool.

Investor Tools

$1,185,000

Estimated Property Value

$0Estimated Mortgage Balance

$839,928Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,110 /month

Positive

Cash Flow Estimate:

$2,370 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,838/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,127

$888,980

2025

$386,290

$502,690

$888,980

Tax History

Year

Tax Paid

Assessed Value

2024

$16,127

$888,980

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$390,000

First

Jun 25, 2020

Jul 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$345,072

$839,928

70%

29%

$2,339/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$2,339/mo

$-259/mo

2.1%

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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