$938,000
NAL Estimated Property Value3311 Homer Street, Dallas, TX, 75206
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesBuilt-In Gas Range, Dishwasher, Disposal
FlooringCeramic Tile, Wood
Exterior
Lot Size6,232 sqft
Building Information
Year Built1936
Stories1
Roof Type105
Land Information
APN00000239692000000
Lot Number9
SubdivisionGreenland Hills
Land UseResidential
Legal DescriptionGREENLAND HILLS BLK 21/2932 LT 9 INT202000316218 DD11122020 CO-DC 2932 021 00900 1002932 021
Census Tract000300
Assessed Land Value$186,960
Assessed Improvement Value$351,660
Assessment Year2025
About this property
Eclectic home in coveted Greenland Hills with distinctive style, flexible floorplan and tons of natural light throughout. Fresh paint, hardwood floors and open living and dining spaces. Kitchen features white cabinets, granite counter tops, pot filler and stainless appliances. Two fireplaces, beveled glass windows and interesting architectural details. Outdoor deck, carport and storage shed. Excellent value opportunity in convenient location serviced by Mockingbird Elementary.
Investor Tools
$938,000
Estimated Property Value
$332,081Estimated Mortgage Balance
$605,919Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,628 /month
Positive
Cash Flow Estimate:
$1,876 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,092/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,408
$538,620
2025
$186,960
$351,660
$538,620
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,408
$538,620
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stearns Lending Llc
Fha
$371,525
Yes
First
Nov 12, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,081
$605,919
64%
35%
$2,228/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,930/mo
$2,228/mo
$-298/mo
2.5%
