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$397,230

NAL Estimated Property Value

1617 Trailridge Dr, Dallas, TX, 75224

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,976 Sq Ft
price_per_sqft$126.52 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal
FlooringWood

Exterior

Lot Size9,750 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000491827000000
Lot Number33
SubdivisionOak Park
Land UseResidential
Legal DescriptionOAK PARK ESTATES BLK 7/6035 LOT 33 INT202400174612 DD08282024 CO-DC 6035 007 03300 2006035 007
Census Tract006100
Assessed Land Value$90,000
Assessed Improvement Value$307,230
Assessment Year2025

About this property

**INVESTOR SPECIAL** Diamond in the Rough!! Great home in a nice quiet neighborhood! Just needing your personal touch! Home is being Sold AS IS and all items shown in the photos to remain. Seller to make No Repairs and Seller has No Survey. All automobiles on the premises will be removed. Don't let this one get away!!

Investor Tools

Property Icon
$397,230
Estimated Property Value
$385,753Estimated Mortgage Balance
$11,477Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,383 /month
Positive
Cash Flow Estimate:
$794 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,935
$397,230
2025
$90,000
$307,230
$397,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,935
$397,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Novus Home Mortgage
Conventional
$388,000
No
First
Jan 26, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,753
$11,477
2%
97%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,327/mo
$-355/mo
6.0%

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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1617 Trailridge Dr | Property Details | No Agent List