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$772,000

NAL Estimated Property Value

1507 Corto Drive, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,148 Sq Ft
price_per_sqft$332.87 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Convection Oven, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringOther, Stone

Exterior

Exterior FeaturesRain Gutters, Lighting, Garden
Lot Size20,951 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000375046000000
Lot Number5
SubdivisionCasa Linda
Land UseResidential
Legal DescriptionCASA LINDA ESTATES BLK 9/5332 LOT 5 INT202100247511 DD07232021 CO-DC 5332 009 00500 3005332 009
Census Tract008200
Assessed Land Value$335,220
Assessed Improvement Value$388,190
Assessment Year2025

About this property

Stunning Casa Linda Estates home recently renovated with thoughtful, modern updates. Situated on a heavily treed .48 acre lot, this East Dallas home boasts a gorgeous, shady backyard plus a front sitting area perfect for gathering with friends and family. With 3 bedrooms, a dedicated office, and 2 living areas there is plenty of space for everyone. See updates list & virtual tour as there are too many updates to include here. Don't miss this spacious home in a well established neighborhood in the Lake & Garden District!

Investor Tools

Property Icon
$772,000
Estimated Property Value
$485,768Estimated Mortgage Balance
$286,232Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,632 /month
Positive
Cash Flow Estimate:
$1,544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,377/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,659
$723,410
2025
$335,220
$388,190
$723,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,659
$723,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Mortgage Llc
Conventional
$535,000
No
First
Jul 23, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,768
$286,232
37%
63%
$3,208/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$3,208/mo
$-1,128/mo
3.2%

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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