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$218,000

NAL Estimated Property Value

1611 Savoy St, Dallas, TX, 75224

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.79 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave
FlooringWood

Exterior

Lot Size7,299 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000339658000000
Lot Number28
SubdivisionEdgefield Heights
Land UseResidential
Legal DescriptionEDGEFIELD HEIGHTS BLK 14/4787 E 9 FT LT 27 & W 44 FT LT 28 VOL98043/3093 DD022798 CO_DALLAS 4787 014 028 2004787 014
Census Tract006301
Assessed Land Value$80,000
Assessed Improvement Value$134,000
Assessment Year2025

About this property

Welcome to this charming one story home conveniently located near downtown Dallas. This well maintained property offers a clean and comfortable living space with beautiful hardwood floors and fresh neutral paint throughout. The simple and functional layout includes two bedrooms and one bathroom that has been tastefully updated, making it an inviting place to call home. Situated on a generously sized lot, the property also features a workshop, providing extra space for projects or storage needs. With easy access to major highways, this home offers a great opportunity for those seeking a manageable home with outdoor space in a central Dallas location.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$226,214Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,319 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,467
$214,000
2025
$80,000
$134,000
$214,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,467
$214,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Fha
$217,826
Yes
First
Apr 3, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,214
N/A
0%
104%
$1,359/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,359/mo
+$206/mo
8.6%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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1611 Savoy St | Property Details | No Agent List