Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$209,880

NAL Estimated Property Value

1607 W Illinois Avenue, Dallas, TX, 75224

Off Market

2 Beds

1 Bath

840 Sq Ft

Single Family Residence

$238.1 / sqft

Built in 1947

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Oven

FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,752 sqft

Building Information

Year Built1947

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000339052000000

Lot Number22-23

SubdivisionEdgefield Heights

Land UseResidential

Legal DescriptionEDGEFIELD HEIGHTS BLK 2/4783 LOT 23 7FT LOT 22 46FT LOT 23 INT202200242573 DD09062022 CO-DC 4783 002 02300 2004783 002

Census Tract006302

Assessed Land Value$85,500

Assessed Improvement Value$124,380

Assessment Year2025

Investor Tools

$209,880

Estimated Property Value

$180,907Estimated Mortgage Balance

$28,973Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,259 /month

Positive

Cash Flow Estimate:

$420 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$477/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,678

$209,880

2025

$85,500

$124,380

$209,880

Tax History

Year

Tax Paid

Assessed Value

2024

$4,678

$209,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Unknown

$194,139

First

Sep 6, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$180,907

$28,973

13%

86%

$1,164/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,164/mo

+$401/mo

8.9%

Learn About the Market: Opportunity in Dallas

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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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