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Owner Contacts

$352,070

1557 Driftwood Dr, Dallas, TX, 75224

Off Market

3 Beds

2 Bath

2,193 Sq Ft

Single Family Residence

$1 / sqft

Built in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

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

FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters

Lot Size10,085 sqft

Building Information

Year Built1958

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000491728000000

Lot Number17

SubdivisionOak Park

Land UseResidential

Legal DescriptionOAK PARK ESTATES BLK 6/6035 LOT 17 INT202300082908 DD04262023 CO-DC 6035 006 01700 2006035 006

Census Tract006100

Assessed Land Value$90,000

Assessed Improvement Value$262,070

Assessment Year2025

About this property

Beautiful 3 bedroom, 2 bath with an extra enclosed room that could be a 4th bedroom, office or studio. Located in an established neighborhood (Oak Park Estates). One block from Kiest Park walking & biking trails, and just a few blocks from Kiest Park recreation center, baseball diamonds, tennis courts, picnic area and additional walking trails. Home on a large lot with vintage tiled bathrooms and plenty of closet space. Origninal wood floors in hallway and bedrooms. Large backyard. Don't miss it!

Investor Tools

$352,070

Estimated Property Value

$346,750Estimated Mortgage Balance

$24,958Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,112 /month

Positive

Cash Flow Estimate:

$704 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$617/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,649

$352,070

2025

$90,000

$262,070

$352,070

Tax History

Year

Tax Paid

Assessed Value

2024

$5,649

$352,070

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Southwest Airlines Fcu

Conventional

$346,750

First

Apr 26, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$327,112

$24,958

93%

$2,079/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,079/mo

$-107/mo

6.7%

Learn About the Market: Opportunity in Dallas

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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.

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