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$1,336,000

NAL Estimated Property Value

1518 Sereno Dr, Dallas, TX, 75218

$1,407,169 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,054 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.17 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven

Exterior

Private PoolPrivate Pool
Lot Size24,815 sqft

Building Information

Year Built1950
Stories1
Roof Type106
Garage Spaces3

Land Information

APN00000374884000000
Lot Number1
SubdivisionCasa Linda
Land UseResidential
Legal DescriptionCASA LINDA ESTATES BLK 5/5326 LOT 1 INT202400013171 DD01192024 CO-DC 5326 005 00100 3005326 005
Census Tract008200
Assessed Land Value$397,040
Assessed Improvement Value$317,960
Assessment Year2025

About this property

Sprawling Spanish style home offers limitless potential and possibility in East Dallas. Quintessential Casa Linda Estates with everything you would expect in this neighborhood: loads of charm and character, walking distance to restaurants and retail, and of course an over half acre lot just waiting for new landscaping design ideas. Home is 4054 square feet with an attached 879 square feet guest apartment that could be used as part of the home like a second living area or a game room or as separate quarters. The yard offers plenty of room for a new pool and existing 198 sq ft cabana could be renovated. Home is being AS IS. Larger homes ready for renovation are rare in Casa Linda. This is an incredible opportunity to invest in this coveted, rapidly appreciating neighborhood close to White Rock Lake, the Dallas Arboretum, and down town Dallas. Don't miss this chance to call Casa Linda home!

Investor Tools

Property Icon
$1,336,000
Estimated Property Value
$650,578Estimated Mortgage Balance
$685,422Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,407,168
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,016 /month
Positive
Cash Flow Estimate:
$2,672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,404/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,169
$715,000
2025
$397,040
$317,960
$715,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,169
$715,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$679,250
No
First
Jan 19, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$650,578
$685,422
51%
49%
$4,073/mo

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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1518 Sereno Dr | Property Details | No Agent List