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Owner Contacts

$770,000

NAL Estimated Property Value

1507 Sereno Dr, Dallas, TX, 75218

Off Market

3 Beds

2 Bath

1,921 Sq Ft

$325.35 / sqft

Built in 1941

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Water Heater, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringHardwood, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Garden

Lot Size20,863 sqft

Building Information

Year Built1941

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000374839000000

Lot Number2

SubdivisionCasa Linda

Land UseResidential

Legal DescriptionCASA LINDA ESTATES REV BLK 3/5324 LT 2 INT202400200071 DD10012024 CO-DC 5325 003 00200 3005325 003

Census Tract008200

Assessed Land Value$333,810

Assessed Improvement Value$387,300

Assessment Year2025

About this property

Charming tudor located in the heart of Casa Linda Estates situated on a beautifully landscaped lot. Wonderful curb appeal invites you onto the spacious open patio which overlooks this quiet, picturesque street. Original features include arches, light filled enclosed sun porch, and hardwood floors. Kitchen has been enlarged to open up to 2nd living room making it the perfect candidate for easy cosmetic updating. This adorable home offers generous sized bedrooms and 3 living spaces with a cozy, bright sun porch that would make a fabulous office! Backyard is absolutely stunning and landscaping is on point, ready for the next gardener to take their own ideas to create whatever they imagine. On this approximately 100 x 200 sized lot the possibilities are endless! SELLERS HAVE RECEIVED MULTIPLE OFFERS. DEADLINE FOR OFFERS IS SATURDAY JULY 17TH AT 5:00 PM.

Investor Tools

$770,000

Estimated Property Value

$583,073Estimated Mortgage Balance

$186,927Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,620 /month

Positive

Cash Flow Estimate:

$1,540 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,295/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,684

$721,110

2025

$333,810

$387,300

$721,110

Tax History

Year

Tax Paid

Assessed Value

2024

$11,684

$721,110

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Originpoint Llc

Conventional

$600,000

First

Oct 1, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$583,073

$186,927

24%

76%

$3,598/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$3,598/mo

$-1,518/mo

3.2%

Learn About the Market: Opportunity in Dallas

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