$320,720
NAL Estimated Property Value2505 Globe Ave, Dallas, TX, 75228
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile
Exterior
Lot Size8,053 sqft
Building Information
Year Built1957
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000712297000000
Lot Number23
SubdivisionCloverdale No 7
Land UseResidential
Legal DescriptionCLOVERDALE NO 7 BLK 16/7308 LT 23 GLOBE & ASHDOWN INT202400201709 DD10042024 CO-DC 7308 016 02300 3007308 016
Census Tract012301
Assessed Land Value$60,000
Assessed Improvement Value$260,720
Assessment Year2025
About this property
Beautifully maintained and updated home in a desirable area of Dallas. This home offers two living areas, 3 bedrooms and two full bathrooms. Corner lot with attached two car garage offers ample parking and storage space. This home has been redone inside and out. Enjoy the open concept kitchen, dining and living area. Kitchen boasts new appliances, cabinets and counter tops. Lots of upgrades inside and mature trees outside on this corner lot near restaurants and shopping.
Investor Tools
$320,720
Estimated Property Value
$313,392Estimated Mortgage Balance
$7,328Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,924 /month
Positive
Cash Flow Estimate:
$641 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,515
$320,720
2025
$60,000
$260,720
$320,720
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,515
$320,720
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$323,000
No
First
Sep 20, 2024
Nov 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,392
$7,328
2%
98%
$1,937/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,937/mo
+$35/mo
7.4%
