B+

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Owner Contacts

$698,000

NAL Estimated Property Value

3663 Pallos Verdas Drive, Dallas, TX, 75229

Off Market

4 Beds

3 Bath

2,367 Sq Ft

Single Family Residence

$217.53 / sqft

Built in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Vented Exhaust Fan, Gas Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size13,362 sqft

Building Information

Year Built1958

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000594826000000

SubdivisionPark Forest 1st Inst

Land UseResidential

Legal DescriptionPARK FOREST 1ST INST BLK 3/6442 LOT 3 INT202100189132 DD06212021 CO-DC 6442 003 00300 1006442 003

Census Tract009607

Assessment Year2025

About this property

Wow!A must see south of Forest Ln in the popular Park Forest neighborhood*DeGolyer Elementary*This lovely home offers 4 beds,3 full baths,open, light & bright w a 28ft wall of French doors & windows overlooking a shaded yard surrounded by a stained BOB fenced*A chef’s kitchen is complete w vented 5 burner gas range, dbl ovens, granite counters, & a center island w electric*Wd flooring in lvg, dining & kitchen*recent carpet in all bedrooms*ceramic tile in baths & utility*Mstr bed has ensuite bath w over-sized walk-in shower w bench seat,dual sinks,a lg walk-in closet*Lot is almost one 3rd acre*Location is a convenient commute to LBJ-635, I-35 & DNT* Foundation has been repaired w transferrable warranty*All

Investor Tools

$698,000

Estimated Property Value

$357,961Estimated Mortgage Balance

$340,039Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,188 /month

Positive

Cash Flow Estimate:

$1,396 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,060/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,225

$615,250

2025

N/A

$615,250

Tax History

Year

Tax Paid

Assessed Value

2024

$9,225

$615,250

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$395,000

First

Jun 21, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$357,961

$340,039

48%

51%

$2,369/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,369/mo

+$203/mo

4.4%

Learn About the Market: Opportunity in Dallas

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