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$428,720

NAL Estimated Property Value

1507 N Garrett Ave # 203, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,361 Sq Ft
price_per_sqft$315.87 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan, Wine Cooler
FlooringCeramic Tile, Concrete, Tile, Wood

Exterior

Exterior FeaturesCourtyard, Rain Gutters
Lot Size11,874 sqft

Building Information

Year Built2020
Stories3
Roof Type105
Garage Spaces2

Land Information

APN00C23490000000203
Lot Number3A
Land UseResidential
Legal DescriptionGARRETT PARK TOWNHOMES BLK 6/707 LT 3A ACS 0.2726 UNIT 203 CE%11.11 INT202400192816 DD09202024 CO-DC 0707 006 03A00 1DA0707
Census Tract001503
Assessed Land Value$72,560
Assessed Improvement Value$356,160
Assessment Year2025

About this property

Centrally located in the highly sought-after Old East Dallas neighborhood, this vibrant townhome is within walking distance to all the amenities Lower Greenville and Henderson Ave have to offer. Just a few blocks from Santa Fe hike and bike trail and Jimmy's food store. En-suite bathrooms, 10-foot ceilings in the main living space, and vaulted ceilings in both bedrooms make this home feel very spacious. The newly renovated powder bath appointed with high-end Waterworks fixtures is sure to leave an impression. Private garage is equipped with level 2 EV fast charging outlet. Enjoy the peace of mind that comes with secure gated pedestrian access, an 8' fence, and a fenced front patio space. HOA covers all exterior maintenance and upkeep allowing for a lock and leave lifestyle. Don’t miss the opportunity to make this exceptional property your new home.

Investor Tools

Property Icon
$428,720
Estimated Property Value
$314,799Estimated Mortgage Balance
$113,921Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,579 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,835
$428,720
2025
$72,560
$356,160
$428,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,835
$428,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Lending Inc
Conventional
$324,450
No
First
Sep 19, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,799
$113,921
26%
73%
$1,946/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$2,306/mo
$-376/mo
5.4%

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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1507 N Garrett Ave # 203 | Property Details | No Agent List