NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$321,800

NAL Estimated Property Value

3639 Cortez Dr, Dallas, TX, 75220

Off Market

2 Beds

1 Bath

788 Sq Ft

Single Family Residence

$323.6 / sqft

Built in 1946

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Gas

Cooling

AppliancesDisposal, Electric Cooktop, Refrigerator

FlooringCarpet, Tile

Exterior

Lot Size8,552 sqft

Building Information

Year Built1946

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000522955000000

Lot Number14

SubdivisionWalnut Hill

Land UseResidential

Legal DescriptionWALNUT HILL ESTATES BLK 10/6144 LOT 14 INT202500125424 DD06132025 CO-DC 6144 010 01400 1006144 010

Census Tract009802

Assessed Land Value$280,000

Assessed Improvement Value$41,800

Assessment Year2025

About this property

$5K IN BUYERS INCENTIVES FOR CLOSING COSTS AND OR BUY DOWN THE RATE!!! Attention investors! This prime property, located at 3639 Cortez Drive, Dallas, TX 75220, offers exceptional potential for either a profitable flip or new construction project. Situated next to Dallas Love Field Airport, the location is perfect for those seeking to capitalize on a highly sought-after, rapidly appreciating area. The home is also conveniently located near shopping centers, dining options, and other amenities, adding to its appeal for future buyers or renters. With proximity to major roads and the airport, this location provides excellent connectivity for commuters. Don't miss this rare investment opportunity in one of Dallas' most up-and-coming neighborhoods!

Investor Tools

$321,800

Estimated Property Value

$186,938Estimated Mortgage Balance

$134,862Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,931 /month

Positive

Cash Flow Estimate:

$644 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$607/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,679

$321,800

2025

$280,000

$41,800

$321,800

Tax History

Year

Tax Paid

Assessed Value

2024

$5,679

$321,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Michael T Reynolds

Purchase Money Mortgage

$190,000

First

Jun 13, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$186,938

$134,862

41%

58%

$1,140/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,140/mo

+$425/mo

5.8%

Learn About the Market: Opportunity in Dallas

Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore This Area