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Owner Contacts

$262,540

NAL Estimated Property Value

1551 Algonquin Dr, Dallas, TX, 75217

Off Market

4 Beds

2 Bath

1,513 Sq Ft

$175.15 / sqft

Built in 1964

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range

FlooringCarpet, Vinyl

Exterior

Lot Size9,581 sqft

Building Information

Year Built1964

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000626956000000

Lot Number1

SubdivisionLake June Terrace No 1

Land UseResidential

Legal DescriptionLAKE JUNE TERRACE NO 1 BLK 7/6716 LT 1 ALGONQUIN & CHECOTA DRS INT202300069064 DD04072023 CO-DC 6716 007 00100 3006716 007

Census Tract011901

Assessed Land Value$50,000

Assessed Improvement Value$212,540

Assessment Year2025

About this property

Welcome home to this newly remodeled 4 BD, 2 BA home situated on a corner lot with private fence backyard and covered patio, no back neighbor! The kitchen has all new appliances. All new vinyl and carpet flooring. Half garage has been converted to additional living space for more family and guests gathering and entertainment. Schedule a house tour and send us your offer today!

Investor Tools

$262,540

Estimated Property Value

$218,483Estimated Mortgage Balance

$44,057Estimated Equity

16% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,590 /month

Positive

Cash Flow Estimate:

$530 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$596/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,843

$262,540

2025

$50,000

$212,540

$262,540

Tax History

Year

Tax Paid

Assessed Value

2024

$5,843

$262,540

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$231,600

First

Apr 7, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$218,483

$44,057

16%

83%

$1,389/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,389/mo

+$1,183/mo

11.8%

Learn About the Market: Opportunity in Dallas

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