Street View

1view

Owner Contacts

$282,900

1612 RIVERWAY Drive, Dallas, TX, 75217

Off Market

3 Beds

2 Bath

1,917 Sq Ft

Single Family Residence

$148.67 / sqft

Built in 1986

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Microwave

FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage

Lot Size10,984 sqft

Building Information

Year Built1986

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00631500010110000

Lot Number11

SubdivisionRiverway

Land UseResidential

Legal DescriptionRIVERWAY ESTATES BLK 1/6315 LOT 11 INT202200118136 DD04252022 CO-DC 6315 001 01100 4DA6315 001

Census Tract009204

Assessed Land Value$60,000

Assessed Improvement Value$222,900

Assessment Year2025

About this property

Best and Final by 04-04 at 5:30pm. Back on the Market, Buyer backed out. This home is situated in a beautiful custom home subdivision only 15 minutes away from Downtown Dallas. The home was beautifully updated. Modern kitchen stainless steel appliances, granite counter tops, title wood like floors as well as beautiful modern baths featuring glass bowl basins. Not only do you have a master down but a secondary bedroom as well. The secondary bedrooms are upstairs along with a large game room. Home features a generous backyard with extra work space and storage building. Home is freshly painted.

Investor Tools

$282,900

Estimated Property Value

$0Estimated Mortgage Balance

$19,951Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,710 /month

Positive

Cash Flow Estimate:

$570 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$670/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,631

$282,900

2025

$60,000

$222,900

$282,900

Tax History

Year

Tax Paid

Assessed Value

2024

$6,631

$282,900

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Security National Mortgage Co

Fha

$284,747

Yes

First

Apr 25, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$262,949

$19,951

93%

$1,708/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,708/mo

+$264/mo

8.4%

Learn About the Market: Opportunity in Dallas

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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.

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