1view

Owner Contacts

$242,430

NAL Estimated Property Value

1614 Grinnell St, Dallas, TX, 75216

Off Market

3 Beds

2 Bath

1,069 Sq Ft

$84.1 / sqft

Built in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesOther

Exterior

Lot Size9,578 sqft

Building Information

Year Built1949

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000316540000000

Lot Number15

SubdivisionBellevue

Land UseResidential

Legal DescriptionBELLEVUE LOT 15 GRINNEL INT202500073175 DD04072025 CO-DC 4320 024 01500 2004320 024

Census Tract005700

Assessed Land Value$80,000

Assessed Improvement Value$162,430

Assessment Year2025

About this property

2-bedroom, 1-bath home built in 1949, offering classic character and potential! This vintage property is being sold as-is, providing a great opportunity for those with a vision to restore or renovate. Ideal for investors or first-time buyers looking for a project. Don't miss the chance to bring this home back to life!

Investor Tools

$242,430

Estimated Property Value

$230,510Estimated Mortgage Balance

$11,920Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,455 /month

Positive

Cash Flow Estimate:

$485 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$396/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$242,430

2025

$80,000

$162,430

$242,430

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$242,430

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Research Center Llc

$235,000

Yes

First

Apr 7, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$230,510

$11,920

95%

$1,409/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,409/mo

+$563/mo

9.8%

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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