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$725,000

4061 Port Royal Dr, Dallas, TX, 75244

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,443 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.77 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size11,000 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000583702000000
Lot Number23
SubdivisionGlen Cove Inst 3
Land UseResidential
Legal DescriptionGLEN COVE INST 3 BLK 11/6406 LOT 23 INT202300085570 DD05022023 CO-DC 6406 011 02300 2DA6406 011
Census Tract009608
Assessed Land Value$300,000
Assessed Improvement Value$401,990
Assessment Year2025

About this property

Beautiful single story home in desirable Dallas neighborhood! Updates throughout this spacious, well cared for home. Large lot with beautiful curb appeal. Built in shelves in entry way. Two living spaces and two dining areas. Main living room features gas fireplace and French doors leading to cozy outdoor patio. Decorative lights and patio structure stay with the home! Updated kitchen includes refrigerator and a bay window in breakfast area. Large primary bedroom with remodeled bathroom tile, shower, sinks and fixtures. 3 additional bedrooms. Bonus area with built in shelving could be used as a play room, media room, exercise room or office. Access to outdoor patio from this bonus room. Fresh, neutral paint throughout. New water heater installed in June 2022. Bedroom carpet less than one year old. Easy access to major highways. Shopping, dining and schools close by. Neighborhood park to enjoy. Wonderful location and beautiful home!

Investor Tools

Property Icon
$869,000
Estimated Property Value
$72,000Estimated Mortgage Balance
$809,723Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,214 /month
Positive
Cash Flow Estimate:
$1,738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,192
$701,990
2025
$300,000
$401,990
$701,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,192
$701,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Stand Alone Second / Subordinate Position
$72,000
No
First
Oct 20, 2017
Nov 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,277
$809,723
93%
7%
$432/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$432/mo
+$2,758/mo
4.4%

Learn About the Market: Opportunity in Dallas

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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 Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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4061 Port Royal Dr | Property Details | No Agent List