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Owner Contacts

$411,520

NAL Estimated Property Value

2016 Algebra Dr, Dallas, TX, 75232

Off Market

4 Beds

2 Bath

1,940 Sq Ft

Single Family Residence

$216.44 / sqft

Built in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Exterior

Exterior FeaturesRain Gutters

Lot Size7,509 sqft

Building Information

Year Built2022

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00756600010040000

Lot Number4

SubdivisionCreekside At Carter Square

Land UseResidential

Legal DescriptionCREEKSIDE AT CARTER SQUARE BLK 1/7566 LT 4 INT202300141094 DD07172023 CO-DC 7566 001 00400 4DA7566 001

Census Tract011101

Assessed Land Value$80,000

Assessed Improvement Value$331,520

Assessment Year2025

About this property

BRAND NEW CONTEMPOARY HOME IN DALLAS, SOUTH OF DOWNTOWN. This 4 bedroom, 2 bath, 2 car garage offers an OPEN FLOORPLAN perfect for those who LOVE to ENTERTAIN. This home comes with Stainless Steel appliances that include Microwave, Dishwasher and Electric Range. This home has Quartz countertops throughout. Please see FEATURES LIST IN TRANSACTION DESK to see ALL that comes included. This is one of 14 homes being built in this subdivision. Builder will provide a 2-10 warranty.

Investor Tools

$411,520

Estimated Property Value

$379,241Estimated Mortgage Balance

$32,279Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,519 /month

Positive

Cash Flow Estimate:

$840 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$736/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,771

$411,520

2025

$80,000

$331,520

$411,520

Tax History

Year

Tax Paid

Assessed Value

2024

$6,771

$411,520

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Thrive Mortgage Llc

Conventional

$399,950

First

Jul 17, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$379,241

$32,279

92%

$2,398/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,398/mo

+$174/mo

7.5%

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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