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$268,000

NAL Estimated Property Value

304 Forsythe Dr, Dallas, TX, 75217

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,750 Sq Ft
price_per_sqft$114.29 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size7,746 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000556546000000
Lot Number6
SubdivisionWoodland City
Land UseResidential
Legal DescriptionWOODLAND CITY BLK F/6264 LOT 6 INT202500018669 DD01302025 CO-DC 6264 00F 006 3006264F000
Census Tract011601
Assessed Land Value$50,000
Assessed Improvement Value$163,490
Assessment Year2025

About this property

FIRST BUYER LOST FINANCING --- Seize this opportunity for your next profitable project that is 15MINS from Downtown Dallas, Walkable distances to food and retail. Property is a diamond needing a good shine, perfect for a light make ready for a quick lucrative investment. Featuring all-new essentials: NEW Complete Plumbing System, NEW Electrical System, NEW HVAC, NEW Roof, Water heater gas, NEW Sheetrock-tape-bed, NEW Exterior siding-fascia-soffit, NEW Rear-Side Doors, NEW Interior-Exterior Framing, NEW Windows, Iron Fences with Pull-In Gate, 2 Living-Flexible Rooms, Open Kitchen Overlooking Entertainment Areas, Good-Sized Backyard, Concrete patio with Metal Storage shed! Possible Values: $275k - $310k & promising rental returns! Cash or Hard Money Accepted.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$219,682Estimated Mortgage Balance
$48,318Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,554
$213,490
2025
$50,000
$163,490
$213,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,554
$213,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$225,000
No
First
Jan 30, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,682
$48,318
18%
82%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,349/mo
+$623/mo
8.8%

City: Dallas

304 Forsythe Dr | Property Details | No Agent List