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$761,000

NAL Estimated Property Value

405 Balboa St, Irving, TX, 75062

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,717 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.64 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Convection Oven, Double Oven, Vented Exhaust Fan, Warming Drawer, Wine Cooler
FlooringAdobe, Carpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting
Lot Size12,696 sqft

Building Information

Year Built1975
Stories1
Roof Type104
Garage Spaces2

Land Information

APN32557600120190000
Lot Number19
SubdivisionUniversity Hills 7th
Land UseResidential
Legal DescriptionUNIVERSITY HILLS 7TH INST BLK 12 LOT19 INT202200283818 DD10312022 CO-DC 5576001201900 2CI55760012
Census Tract014205
Assessed Land Value$225,000
Assessed Improvement Value$474,000
Assessment Year2025

About this property

This exceptional Las Colinas executive home has been significantly improved to the tune of roughly $160K in the past two years. The pictures speak for themselves-beautiful hardwood flooring, custom ceiling treatments, bath upgrades and enhancements, a dining room renovation that opens it to the outdoors thru custom NT Provia® Aspect glass doors, bar renovations, high-end appliances, upgraded cedar fencing and more. What the pictures don't show you are the NT Executive Series® energy-efficient window replacements w-Lifetime Transferable Warranty, the upgraded electrical service in the large 3 car garage or the many LED lighting improvements-to name only a few. Master plus three bedrooms on the main floor, a 5th bedroom or study is at the top of the stairs adjacent to a second large flex area and a third living area-loft space. No-rot Trex® decking conveniently located outside the breakfast-living area, dining room and master. Please ask for our complete improvements list to learn more!

Investor Tools

Property Icon
$761,000
Estimated Property Value
$503,044Estimated Mortgage Balance
$257,956Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,566 /month
Positive
Cash Flow Estimate:
$1,522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,367/month
$826/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,596
$699,000
2025
$225,000
$474,000
$699,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,596
$699,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$510,510
No
First
Jul 10, 2025
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,044
$257,956
33%
66%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,887/mo
$-1,315/mo
4.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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405 Balboa St | Property Details | No Agent List