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$121,000

NAL Estimated Property Value

1627 Garden Dr, Dallas, TX, 75215

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths878 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.71 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating GasHeating Gas
CoolingCooling
AppliancesDisposal, Electric Water Heater
FlooringCeramic Tile, Laminate, Vinyl

Exterior

Lot Size5,000 sqft

Building Information

Year Built1925
Stories1
Roof Type105

Land Information

APN00000200986000000
Lot Number7
SubdivisionColonial Terrace
Land UseResidential
Legal DescriptionCOLONIAL TERRACE BLK 4/2119 LOT 7 INT202000199878 DD07162020 CP-DC 2119 004 00700 1002119 004
Census Tract020900
Assessed Land Value$45,000
Assessed Improvement Value$47,800
Assessment Year2025

About this property

Adorable & updated 2 bed, 1 bath open concept home conveniently located to surrounding Dallas areas. Freshly painted inside & out & new windows, water heater & roof. New kitchen cabinets, counters, sink & faucet. NO FRIDGE & no water to fridge. New cabinet, tub & shower combo, counters & faucet in bath. New flooring. Laundry room w room for full sized washer & dryer & freezer. 2 closets per bedroom. Great covered front porch. Owner is offering internet & security system w cameras, w tenant access to security account, for $100 extra monthly. Owner is offering, no charge, to professionally mount TVs on walls & is specific about which wall in living can have mounting. Driveway leads to backyard, yard not fully fenced in. Tenant responsible for electric, water, sewer & trash. 1+ year lease. Online application. NO HOUSING VOUCHERS. NO PETS. NO SMOKING, NO EVICTIONS. Move in avail May 1st. Must maintain & provide proof of renters insurance. Stove & ac unit will be installed before move in.

Investor Tools

Property Icon
$121,000
Estimated Property Value
$49,678Estimated Mortgage Balance
$71,322Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$726 /month
Positive
Cash Flow Estimate:
$242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,983
$92,800
2025
$45,000
$47,800
$92,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,983
$92,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$54,400
No
First
Oct 8, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,678
$71,322
58%
41%
$327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$327/mo
+$999/mo
13.2%

City: Dallas

1627 Garden Dr | Property Details | No Agent List