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Owner Contacts

$999,900

3939 Hockaday Dr, Dallas, TX, 75229

$1,229,028 ARV

Off Market

4 Beds

4 Bath

3,423 Sq Ft

Single Family Residence

$292.11 / sqft

Built in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Microwave

FlooringStone

Exterior

Private Pool

Lot Size17,255 sqft

Building Information

Year Built1969

Stories1

Roof Type105

Garage Spaces3

Land Information

APN00000584169070000

Lot Number9

SubdivisionMidway Hills 6 No 5

Land UseResidential

Legal DescriptionMIDWAY HILLS 6 NO 5 BLK 10/6407 LOT 9 INT202200075839 DD03162022 CO-DC 6407 010 00900 1006407 010

Census Tract009609

Assessed Land Value$800,000

Assessed Improvement Value$247,250

Assessment Year2025

About this property

This updated ranch style home is on the prettiest, tree-lined block in the Harry C. Withers Elementary quadrant & close to several great private schools like Jesuit, Hockaday, Lamplighter, St. Rita. This particular block dead ends at a creek and is very quiet. Home was remodeled in 2017 including new travertine tile floors, open-concept living, LED can lights throughout, updated bathrooms, skylights. Kitchen has white quartz countertops, a Kohler farmhouse sink, a built in Sub Zero fridge, tons of newer cabinetry & a Capital, 48 inch industrial grade range! Separate MIL suite. Pool and separate hot tub, 8 foot privacy fence all on a 0.40 acre lot!

Investor Tools

$1,277,000

Estimated Property Value

$670,000Estimated Mortgage Balance

$659,428Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$1,229,028

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,662 /month

Positive

Cash Flow Estimate:

$2,554 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,015/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,796

$1,047,250

2025

$800,000

$247,250

$1,047,250

Tax History

Year

Tax Paid

Assessed Value

2024

$17,796

$1,047,250

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Colonial National Mortgage

Conventional

$670,000

First

Mar 16, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$617,572

$659,428

51%

48%

$4,017/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$4,017/mo

$-1,445/mo

2.4%

Learn About the Market: Opportunity in Dallas

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