$474,000
NAL Estimated Property Value1718 Homewood Pl, Dallas, TX, 75224
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
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
No
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
No
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%
