Street View

1view

Owner Contacts

$247,000

1609 Houghton Rd, Dallas, TX, 75217

Off Market

4 Beds

2 Bath

1,400 Sq Ft

Single Family Residence

$196.43 / sqft

Built in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesOther

Exterior

Lot Size7,503 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000548461000000

Lot Number6

SubdivisionBuckner Park

Land UseResidential

Legal DescriptionBUCKNER PARK BLK 29/6237 LT 6 HOUGHTON RD INT202300135655 DD07072023 CO-DC 6237 029 00600 3006237 029

Census Tract009105

Assessed Land Value$50,000

Assessed Improvement Value$191,610

Assessment Year2025

Investor Tools

$247,000

Estimated Property Value

$283,350Estimated Mortgage Balance

$0Estimated Equity

-15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,650 /month

Positive

Cash Flow Estimate:

$550 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$427/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,893

$241,610

2025

$50,000

$191,610

$241,610

No

Tax History

Year

Tax Paid

Assessed Value

2024

$3,893

$241,610

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Swift Home Loans Inc

Va

$283,350

Yes

First

Apr 25, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$272,725

N/A

0%

110%

$1,699/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,699/mo

+$873/mo

12.5%

Learn About the Market: Opportunity in Dallas

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