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Owner Contacts

$650,000

1623 Eastus Drive, Dallas, TX, 75208

$803,403 ARV

Off Market

3 Beds

2 Bath

2,480 Sq Ft

Single Family Residence

$262.1 / sqft

Built in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesOther

Exterior

Lot Size11,690 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000368557000000

Lot Number2

SubdivisionEast Kessler

Land UseResidential

Legal DescriptionEAST KESSLER BLK 14/5220 LT 2 INT202400025844 DD02072024 CO-DC 5220 014 00200 2005220 014

Census Tract004201

Assessed Land Value$584,500

Assessed Improvement Value$60,500

Assessment Year2025

About this property

Welcome to this incredible opportunity to build your dream home in the desirable East Kessler Park. Nestled on a spacious 135 x 95' lot, this property offers endless possibilities for building your dream home. As you step onto the lot, you'll be greeted by the beauty of the wide treed landscape, creating a serene and private oasis. Located in close proximity to the vibrant Bishop Arts District, you'll have access to an array of boutiques, art galleries, and delicious dining options just moments away. Additionally, Methodist Hospital is nearby, providing convenient access to top-notch healthcare services. Please note the value is in the land. This property is being sold “as is.”

Investor Tools

$724,000

Estimated Property Value

$0Estimated Mortgage Balance

$228,968Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$803,402

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,344 /month

Positive

Cash Flow Estimate:

$1,448 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,182/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,564

$645,000

2025

$584,500

$60,500

$645,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,564

$645,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$516,000

First

Feb 7, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$495,032

$228,968

31%

68%

$3,094/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$3,094/mo

$-1,122/mo

3.3%

Learn About the Market: Opportunity in Dallas

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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.

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