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$1,584,000

NAL Estimated Property Value

1623 San Rafael Dr, Dallas, TX, 75218

SoldInfo
8/28/26
Beds4 Beds
Baths2 Bath
Baths3,892 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$385.38 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Refrigerator
FlooringBrick, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size25,200 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000371542000000
Lot Number8,9A
SubdivisionForest Hills
Land UseResidential
Legal DescriptionFOREST HILLS BLK 22/5273 LTS 8 & 9A INT20070103379 CO-DC 5273 022 00800 3DA5273 022
Census Tract008102
Assessed Land Value$645,000
Assessed Improvement Value$751,490
Assessment Year2025

About this property

Nestled on a hill in the highly sought-after Forest Hills neighborhood, this picturesque White Rock Lake cottage is situated on an expansive, secluded corner lot. Originally featuring generous window sizes and beautifully maintained hardwood floors, the home was expanded in 1999 by the current owners. This addition introduced a functional kitchen and a sun-drenched breakfast area or sunroom that overlooks the lush backyard. Designed to live larger than its unassuming exterior suggests, the residence includes thoughtful touches like an expansive den with a covered porch, a dedicated laundry room complete with a laundry chute, and a primary walk-in closet that spans the entire length of the room. The current floor plan provides a unique opportunity for renovation; it could be opened to create a grand, seamless space that views both the front and backyards. Upstairs, the rooms provide a peaceful retreat with stunning treetop views and a refreshing breeze when the windows are open. Brimming with charm and character, this property offers the quintessential forest-like surroundings and canopy for which Forest Hills is known. Whether you choose to undertake a custom renovation or build a brand-new dream home on this quiet, private lot, the potential here is truly remarkable.

Investor Tools

Property Icon
$1,584,000
Estimated Property Value
$942,674Estimated Mortgage Balance
$644,056Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,504 /month
Positive
Cash Flow Estimate:
$3,168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,039
$1,396,490
2025
$645,000
$751,490
$1,396,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$24,039
$1,396,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Credit Line (Revolving) / Heloc
$440,000
No
First
Jan 2, 2007
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$942,674
$496,326
34%
60%
$7,376/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$7,376/mo
$-5,296/mo
1.6%

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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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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