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$890,000

1603 Dowling Dr, Irving, TX, 75038

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,693 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Other, Wood, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size13,194 sqft

Building Information

Year Built1988
Stories1
Roof Type111
Garage Spaces2

Land Information

APN32077970170160000
Lot Number16
SubdivisionCottonwood Valley Ph
Land UseResidential
Legal DescriptionCOTTONWOOD VALLEY PH 3 INST 2 BLK 17 LOT 16 INT202200104027 DD04122022 CO-DC 0779701701600 2CI07797017
Census Tract014314
Assessed Land Value$395,820
Assessed Improvement Value$478,130
Assessment Year2025

About this property

Beautiful one story home on a circular drive situated in guard gated Cottonwood Valley. Located across from The Four Seasons this beauty features high ceilings adorned with decorative crown molding, open floorplan, fresh paint, wainscoting, two cozy living rooms w gas fireplaces and logs, bar area, study with built in bookshelves. Kitchen is a chef's dream complete with electric cooktop, granite, ample cabinets, ss sink, and double oven. Large nook with plantation shutters and builtin cabinets. Master suite features a bay window, jetted tub, separate shower, large walk in closet with builtins. Relax under the covered porch and have fun in the private backyard oasis with sparkling 9ft dive pool and spa.

Investor Tools

Property Icon
$1,003,000
Estimated Property Value
$729,600Estimated Mortgage Balance
$329,254Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,018 /month
Positive
Cash Flow Estimate:
$2,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,975/month
$3,993/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,686
$873,950
2025
$395,820
$478,130
$873,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,686
$873,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$729,600
No
First
Apr 12, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$673,746
$329,254
32%
67%
$4,375/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$8,368/mo
$-5,638/mo
3.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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1603 Dowling Dr | Property Details | No Agent List