Street View

B+

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Owner Contacts

$229,440

1621 Blue Meadow St, Dallas, TX, 75217

Off Market

4 Beds

2 Bath

1,231 Sq Ft

Single Family Residence

$166.45 / sqft

Built in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Microwave

FlooringCarpet, Vinyl

Exterior

Lot Size7,331 sqft

Building Information

Year Built1971

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000626130190000

Lot Number19

SubdivisionHaymaker No 3

Land UseResidential

Legal DescriptionHAYMAKER NO 3 BLK 7/6700 LOT 19 INT201700172294 DD06152017 CO-DC 6700 007 01900 3006700 007

Census Tract011901

Assessed Land Value$66,000

Assessed Improvement Value$163,440

Assessment Year2025

About this property

Calling all investors! This 4 bed 2 bath property needs a little love to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their own due diligence. Sold AS-IS. Come walk your new property today! Seller encourages all buyers to walk the property before offering. SELLING AS-IS. Cash preferred, cannot go FHA or VA

Investor Tools

$229,440

Estimated Property Value

$227,950Estimated Mortgage Balance

$3,812Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,377 /month

Positive

Cash Flow Estimate:

$459 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$501/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,860

$229,440

2025

$66,000

$163,440

$229,440

Tax History

Year

Tax Paid

Assessed Value

2024

$4,860

$229,440

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cadence Bank Na

Conventional

$227,950

First

Oct 21, 2025

Nov 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$225,628

$3,812

98%

$1,367/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,367/mo

+$1,205/mo

13.5%

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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