Last 24 Hours
$690,000
NAL Estimated Property Value3604 Hopetown Drive, Dallas, TX, 75229
Off Market
6 Beds
6 Bath
3,482 Sq Ft
$145.03 / sqft
Built in 1968Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 6
Bathrooms Full 3Bathrooms Half 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Laminate, Wood
Exterior
Lot Size7,993 sqft
Building Information
Year Built1968
Stories2
Roof Type172
Garage Spaces2
Land Information
APN00000586330000000
Lot Number1
SubdivisionWalnut Gardens
Land UseResidential
Legal DescriptionWALNUT GARDENS BLK 8/6426 LOT 1 INT202200019218 DD01212022 CO-DC 6426 008 000 1006426 008
Census Tract009702
Assessed Land Value$180,000
Assessed Improvement Value$349,180
Assessment Year2025
About this property
RARE INVESTMENT FIND*FULL DUPLEX*6 BEDROOMS*4 FULL BATHS*2 HALF BATHS*4 GARAGE SPACES*2 BACK YARDS*3,482 SQ FT ONLY $535K IN DALLAS PROPER 75229 ZIP CODE! PRICED AFFORDABLY FOR QUICK SELL. Previous tenants were paying $1650 per side which may be below current market rent! Generously sized spaces, efficient kitchens with gas cooktop+double ovens, LARGE BEDROOM SUITES, incl. master retreats with large walk-in closets. New laminate flooring & ceramic tile throughout & designer paint selections. NO CARPET-ALL HARD SURFACED FLOORING. NEW sewer line & ROOF! Great neighborhood street & ultra convenient location just min. from everything. For sale as full duplex or half duplexes $267,500 each. See MLS number 14428081
Investor Tools
$690,000
Estimated Property Value
$358,153Estimated Mortgage Balance
$331,847Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,273/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,827
$529,180
2025
$180,000
$349,180
$529,180
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,827
$529,180
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$390,000
No
First
Jan 21, 2022
Feb 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,153
$331,847
48%
52%
$2,339/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,339/mo
$-367/mo
3.4%
12.4%