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Owner Contacts

$476,000

NAL Estimated Property Value

304 N Montreal Ave, Dallas, TX, 75208

Off Market

4 Beds

2 Bath

1,776 Sq Ft

$309.68 / sqft

Built in 1943

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Washer

FlooringCeramic Tile, Wood

Exterior

Lot Size6,962 sqft

Building Information

Year Built1943

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000328675000000

Lot Number15

SubdivisionDaniels L O Jr

Land UseResidential

Legal DescriptionDANIELS L O JR BLK 3/4547 LOT 15 INT202400079603 DD04182024 CO-DC 4547 003 01500 2004547 003

Census Tract004500

Assessed Land Value$208,860

Assessed Improvement Value$222,540

Assessment Year2025

About this property

>> Current owner monthly out of pocket for maintenance, taxes & insurance = $1,282 per month total ** ** Monthly income = $3,300 ** Nicely updated duplex in the much sought-after neighborhood of North Oak Cliff * Updated kitchens & baths in 2017 * Quartz countertop, stainless steel appliances & hardwoods refinished * Stack washer-dryer in each unit * Roof replaced in 2020 * HVAC replaced 2023 & 2019 * Three car garage each with separate electric door * Abundant space in the backyard for outdoor seating & grilling ** Current tenants on both sides are month to month ** Monthly out of pocket for maintenance, taxes & insurance based on a $550,000 purchase price = about $1,725 **

Investor Tools

$476,000

Estimated Property Value

$950,952Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,300 /month

Positive

Cash Flow Estimate:

$1,100 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,002/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,642

$431,400

2025

$208,860

$222,540

$431,400

Tax History

Year

Tax Paid

Assessed Value

2024

$9,642

$431,400

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Changes Lending Llc

Unknown

$494,000

First

Apr 18, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$950,952

N/A

200%

$5,924/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$5,924/mo

$-3,352/mo

6.5%

Learn About the Market: Opportunity in Dallas

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