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Owner Contacts

$230,000

NAL Estimated Property Value

1504 Memory Lane, Dallas, TX, 75217

Off Market

3 Beds

1 Bath

1,010 Sq Ft

Single Family Residence

$156.44 / sqft

Built in 1954

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesElectric Cooktop

FlooringWood

Exterior

Lot Size10,352 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000625657000000

Lot Number9

SubdivisionCole

Land UseResidential

Legal DescriptionCOLE ESTATES NO 2 BLK A/6699 LT 9 INT201900170085 DD06282019 CO-DC 6699 00A 00900 3006699 00A

Census Tract011901

Assessed Land Value$50,000

Assessed Improvement Value$160,610

Assessment Year2025

About this property

Beautifully updated home on that is located on a large corner lot. Home boasts all original hard wood floors throughout all bedrooms. Home has many upgrades that include: new kitchen counter tops, tile back splash, sink, light fixtures, ceiling fans, recessed lighting, interior doors, bathroom vanity, shower, faucets, carpeting and original hard wood floors, plus all new interior and exterior paint. The properties large lot could make for great family area as well as room to make the home larger for a growing family. Make this home yours today.

Investor Tools

$230,000

Estimated Property Value

$114,108Estimated Mortgage Balance

$115,892Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,380 /month

Positive

Cash Flow Estimate:

$460 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$439/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,123

$210,610

2025

$50,000

$160,610

$210,610

Tax History

Year

Tax Paid

Assessed Value

2024

$4,123

$210,610

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Legacy Texas Bank

Conventional

$132,300

First

Jun 28, 2019

Jul 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$114,108

$115,892

50%

$794/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$794/mo

+$1,178/mo

10.3%

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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