$279,200
NAL Estimated Property Value2639 Southland Street, Dallas, TX, 75215
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Vinyl
Exterior
Lot Size7,200 sqft
Building Information
Year Built2021
Stories1
Roof Type105
Land Information
APN00000188752000000
Lot Number4
SubdivisionTholl F J
Land UseResidential
Legal DescriptionF J THOLL BLK 5/1958 LT 4 INT202100372399 DD12102021 CO-DC 1958 005 00400 1001958 005
Census Tract020800
Assessed Land Value$72,000
Assessed Improvement Value$207,200
Assessment Year2025
About this property
This adorable modern farmhouse designed home will be ready to go to its new owner in a few weeks. Just perfect for a young family, starter home, or downsize to. What is better than brand new? This little gem has all the amenities including 3 bedrooms and 2 baths. All the counters are granite and the appliances are stainless! Huge backyard! See documents in Transaction Desk for the Bank of America Community Lending Flyer for down payment and closing cost assistance.
Investor Tools
$279,200
Estimated Property Value
$184,505Estimated Mortgage Balance
$94,695Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,675 /month
Positive
Cash Flow Estimate:
$558 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,153
$279,200
2025
$72,000
$207,200
$279,200
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,153
$279,200
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$201,286
Yes
First
Dec 10, 2021
Jan 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,505
$94,695
33%
66%
$1,207/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,207/mo
+$765/mo
8.5%
