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$320,830

NAL Estimated Property Value

2039 S Farola Dr, Dallas, TX, 75228

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,221 Sq Ft
price_per_sqft$253.89 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringVinyl

Exterior

Lot Size7,166 sqft

Building Information

Year Built1951
Stories1
Roof Type105

Land Information

APN00000385597000000
Lot Number18
SubdivisionCasa View Heights
Land UseResidential
Legal DescriptionCASA VIEW HEIGHTS BLK 15/5372 LT 18 FAROLA DR INT202300123354 DD06222023 CO-DC 5372 015 01800 3005372 015
Census Tract012701
Assessed Land Value$60,000
Assessed Improvement Value$260,830
Assessment Year2025

About this property

Completely renovated and move in ready. Renovations include updated plumbing and electrical. New sheet rock texture and paint. All new plumbing and lighting fixtures. New kitchen cabinets, stainless steel appliances (gas range) and quartz countertops. New bathrooms include vanities and tile updates. Huge fenced back yard. Updated windows and doors and a new roof.

Investor Tools

Property Icon
$320,830
Estimated Property Value
$299,708Estimated Mortgage Balance
$21,122Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,925 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,171
$320,830
2025
$60,000
$260,830
$320,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,171
$320,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$310,000
No
First
Jun 22, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,708
$21,122
6%
93%
$2,011/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,011/mo
$-39/mo
7.4%

City: Dallas

2039 S Farola Dr | Property Details | No Agent List