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Owner Contacts

$1,051,000

NAL Estimated Property Value

3808 Herschel Avenue, Dallas, TX, 75219

Off Market

4 Beds

2 Bath

2,700 Sq Ft

Duplex

$295.93 / sqft

Built in 1925

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker

FlooringCeramic Tile, Wood

Exterior

Lot Size3,100 sqft

Building Information

Year Built1925

Stories2

Roof Type105

Garage Spaces1

Land Information

APN00000160999000000

Lot Number10

SubdivisionNorth Oak Lawn

Land UseResidential

Legal DescriptionNORTH OAK LAWN BLK 12/1578 PT LOT 10-62X50 HERSCHEL 88FR GILBERT INT202100235622 DD08062021 CO-DC 1578 012 01000 1001578 012

Census Tract000607

Assessed Land Value$279,000

Assessed Improvement Value$536,000

Assessment Year2025

About this property

Beautifully restored and modernized FULL DUPLEX in the heart of Oak Lawn just 3 blocks from Highland Park. Identical upper and lower units plus an additional sunroom in upper unit. Redesigned floor plans maximize use of space and storage. Updated kitchen and baths with quartz countertops, soft-close cabinetry, new appliances. New electrical, plumbing, HVAC, roof, windows, drywall, foam insulation. Sitting on an elevated lot, overlooks a historic DISD building and park. Live the urban lifestyle with proximity to the Shops of Highland Park, Highland Park Village, Whole Foods, and Turtle Creek Village. Perfect investment property- live in one unit, lease out the other! Private and secure setup with zero HOA dues!

Investor Tools

$1,051,000

Estimated Property Value

$730,413Estimated Mortgage Balance

$320,587Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,306 /month

Positive

Cash Flow Estimate:

$2,102 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,049/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$19,336

$815,000

2025

$279,000

$536,000

$815,000

Tax History

Year

Tax Paid

Assessed Value

2024

$19,336

$815,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Research Center Llc

$802,900

Yes

First

Aug 6, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$730,413

$320,587

30%

69%

$4,814/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,570/mo

$4,814/mo

$-1,244/mo

4.1%

Learn About the Market: Opportunity in Dallas

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