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$336,970

NAL Estimated Property Value

3509 Linda Drive, Dallas, TX, 75220

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths834 Sq Ft
price_per_sqft$257.79 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringWood

Exterior

Lot Size6,873 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000523873000000
Lot Number17
SubdivisionWalnut Hill
Land UseResidential
Legal DescriptionWALNUT HILL ESTATES BLK 24/6144 LT 17 INT202000273672 DD10022020 CO-DC 6144 024 01700 1006144 024
Census Tract009802
Assessed Land Value$280,000
Assessed Improvement Value$56,970
Assessment Year2025

About this property

3509 Linda Drive is a perfect investor opportunity in Northwest Dallas! Listed at $215,000, 3509 Linda Drive has been newly renovated with new hardwood floors, updated kitchen with appliances, and a fresh exterior redesign. This spacious 2 bed 1 bath also has a large backyard with a detached shed that can be used for parking or storage. Would make a great Section 8 opportunity once converted for the program. All offers are being welcomed at this time.

Investor Tools

Property Icon
$336,970
Estimated Property Value
$156,553Estimated Mortgage Balance
$180,417Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,306
$336,970
2025
$280,000
$56,970
$336,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,306
$336,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$175,500
No
First
Oct 2, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,553
$180,417
53%
46%
$1,053/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,053/mo
+$512/mo
5.6%

City: Dallas

3509 Linda Drive | Property Details | No Agent List