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Owner Contacts

$474,000

NAL Estimated Property Value

1718 Homewood Pl, Dallas, TX, 75224

Off Market

2 Beds

2 Bath

1,575 Sq Ft

Single Family Residence

$317.4 / sqft

Built in 1947

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven

FlooringWood

Exterior

Lot Size18,376 sqft

Building Information

Year Built1947

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000314674000000

Lot Number4

SubdivisionElmwood No 2

Land UseResidential

Legal DescriptionELMWOOD NO 2 BLK 4/4292 LOT 4 INT202200172518 DD06212022 CO-DC 4292 004 00400 2004292 004

Census Tract006302

Assessed Land Value$118,750

Assessed Improvement Value$338,250

Assessment Year2025

About this property

This lovely cottage sits on almost half acre. Two old world gas lamps light up the home on either side as you approach the beautiful new front door. The large backyard backs up to a gently flowing stream and can be enjoyed from the Bronze Frame windows in Master Bedroom. This home is less than a mile from Tyler Station. All updates are listed in attachment in transaction desk.

Investor Tools

$474,000

Estimated Property Value

$312,710Estimated Mortgage Balance

$161,290Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,999 /month

Positive

Cash Flow Estimate:

$1,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$637/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,278

$457,000

2025

$118,750

$338,250

$457,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,278

$457,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Keller Mortgage Llc

Conventional

$337,400

First

Jun 21, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$312,710

$161,290

34%

66%

$2,023/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$2,023/mo

$-458/mo

4.0%

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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