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$296,000

NAL Estimated Property Value

1614 Gillarel Springs Ln, Dallas, TX, 75241

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,474 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.26 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringLaminate

Exterior

Lot Size7,665 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00689800120410000
Lot Number41
SubdivisionSprings Addn
Land UseResidential
Legal DescriptionSPRINGS ADDN BLK 12/6898 LT 41 INT201900068146 DD03182019 CO-DC 6898 012 04100 4DA6898 012
Census Tract011300
Assessed Land Value$50,000
Assessed Improvement Value$218,510
Assessment Year2025

About this property

Easy commute to Downtown Dallas! Come check out this wonderful property in Dallas within walking distance to the Spring Hills park and Rec center! This home has 3 bedrooms, 2 bathrooms and updates throughout including granite countertops in kitchen and all bathrooms, all stainless appliances, laminate flooring, lots of storage space, large yard and so much more! The open concept floor plan allows a wonderful place for entertaining family and friends! Seller is motivated, so bring your buyers by! Buyers must provide new survey.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$157,090Estimated Mortgage Balance
$138,910Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,341
$268,510
2025
$50,000
$218,510
$268,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,341
$268,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$171,378
No
First
Dec 22, 2021
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,090
$138,910
46%
53%
$1,028/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,028/mo
+$944/mo
8.0%

City: Dallas

1614 Gillarel Springs Ln | Property Details | No Agent List