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$400,000

NAL Estimated Property Value

1621 Matagorda Dr, Dallas, TX, 75232

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,011 Sq Ft
price_per_sqft$104.43 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Refrigerator
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesGarden
Lot Size8,885 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000651910000000
Lot Number15
SubdivisionGlen Hills
Land UseResidential
Legal DescriptionGLEN HILLS BLK 16/6914 LOT 15 INT202200076018 DD03162022 CO-DC 6914 016 01500 2006914 016
Census Tract011003
Assessed Land Value$60,000
Assessed Improvement Value$340,000
Assessment Year2025

About this property

*MULTIPLE OFFERS RECEIVED-PLEASE SUBMIT HIGHEST AND BEST OFFER BY 5PM ON FEBRUARY 3RD* Investment home or Forever home?! Either of the two are amazingly befitting! This interior lot has a great floor plan that allots for gatherings or snuggled areas to get away in your own space. Beautifully manicured grass in the front, but be sure to check out the awesome covered patio in the rear of your home that’s perfect for outdoor relaxing. This home is ready for you to claim your happy space! This beauty is currently leased for $1800 per month until 3.28.2021, but we will be sure to convey the lease properly during the closing process!

Investor Tools

Property Icon
$400,000
Estimated Property Value
$364,365Estimated Mortgage Balance
$35,635Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,554
$400,000
2025
$60,000
$340,000
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,554
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$363,298
Yes
First
Mar 16, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,365
$35,635
8%
91%
$2,364/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,364/mo
$-392/mo
5.9%

City: Dallas

1621 Matagorda Dr | Property Details | No Agent List