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$360,410

NAL Estimated Property Value

408 Josephine Street, Dallas, TX, 75246

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,411 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$194.9 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringWood

Exterior

Lot Size2,603 sqft

Building Information

Year Built1986
Stories2
Roof Type105
Garage Spaces4

Land Information

APN0007980A0014A0000
Land UseResidential
Legal DescriptionJOSEPHINE COURT PH III & IV BLK A/798 LOT 14A INT202000135906 DD05282020 CO-DC 0798 A00 14A00 3DA0798 A00
Census Tract001502
Assessment Year2025

About this property

Urban living at it's best in this updated, two story townhome tucked away in East Dallas. Enter to a nice sized living room with a fireplace as its focal point. The light filled dining area opens to a decked back yard. This space would also make a great office since you have a dining area in the kitchen as well. The kitchen is ready for entertaining with a Subzero refrigerator, ample storage and access to the back yard, perfect for outdoor grilling. Wood floors run throughout the home. The master retreat is complete with a private balcony and spa like bath. Gated driveway into the property and a private garage. Close to Baylor Scott and White Hospital, Downtown Dallas and entertainment in East Village and more

Investor Tools

Property Icon
$360,410
Estimated Property Value
$187,191Estimated Mortgage Balance
$173,219Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,162 /month
Positive
Cash Flow Estimate:
$721 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
$84/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,141
$360,410
2025
N/A
N/A
$360,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,141
$360,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$212,000
No
First
May 28, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,191
$173,219
48%
52%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,356/mo
+$209/mo
5.2%

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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408 Josephine Street | Property Details | No Agent List