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$624,000

NAL Estimated Property Value

1615 Life Avenue, Dallas, TX, 75212

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,323 Sq Ft
price_per_sqft$226 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Electric Water Heater
FlooringCeramic Tile, Concrete, Laminate

Exterior

Lot Size5,081 sqft

Building Information

Year Built2021
Stories2
Roof Type172
Garage Spaces1

Land Information

APN00000677290000000
Lot Number16
SubdivisionHomestead Gardens
Land UseResidential
Legal DescriptionHOMESTEAD GARDENS BLK B/7120 LT 16 INT202100263167 DD08312021 CO-DC 7120 00B 01600 2007120 00B
Census Tract010101
Assessed Land Value$127,030
Assessed Improvement Value$496,970
Assessment Year2025

About this property

The MOVEMENT FIRM,LLC Invites YOU to Elevate Your Lifestyle & Own This Ultra-Modern Masterpiece Designed By a Team of Pros w Years of Architectural Design Experience. Home Features: 2-Tone Wood Kitchen Cabinetry~Wine Display Gallery & Nero Marquina Marble~Luxury Lighting~Eco-Friendly Landscape~10 & 20 ft Ceilings~Ivy Wall~Floating TV Wall~Each Bath Features Unique Floor to Ceiling Tile, Vessel Sinks & Wall-Mounted Faucets. Ascend the Floating Stairs Above the Rock Garden to the Loft w Fireplace & Impressive Wrap Around Deck w Downtown Views Near Trinity Groves~Primary BDR Suite Equipped w Private Deck & Luxury Resort-Style Bath & 2 Massive WIC’s. Entertainer’s Dream Home! Escape The Ordinary! #JoinTheMovement

Investor Tools

Property Icon
$624,000
Estimated Property Value
$545,097Estimated Mortgage Balance
$78,903Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,744 /month
Positive
Cash Flow Estimate:
$1,248 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,978
$624,000
2025
$127,030
$496,970
$624,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,978
$624,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$508,250
No
First
Aug 31, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$545,097
$78,903
12%
87%
$3,558/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,558/mo
$-986/mo
4.9%

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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1615 Life Avenue | Property Details | No Agent List