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Owner Contacts

$236,000

NAL Estimated Property Value

4104 Fortune Ln, Dallas, TX, 75216

Off Market

3 Beds

2 Bath

1,461 Sq Ft

$112.94 / sqft

Built in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Cooktop, Gas Oven

Exterior

Lot Size7,560 sqft

Building Information

Year Built1960

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000479968000000

Lot Number7

SubdivisionMarsalis Park

Land UseResidential

Legal DescriptionMARSALIS PARK BLK E/6003 LT 7 INT202500002860 DD01032025 CO-DC 6003 00E 00700 2DA6003 00E

Census Tract005902

Assessed Land Value$70,000

Assessed Improvement Value$93,600

Assessment Year2025

About this property

Located in a well-established neighborhood and only 15 minutes from downtown Dallas, this property offers an excellent investment opportunity. It includes three bedrooms, two full bathrooms, a convenient 1-car garage, and a covered patio. Showings will start the week of 12-16-2024 but are available by appointment only. All information provided is deemed liable but should be verified by the buyer.

Investor Tools

$236,000

Estimated Property Value

$161,003Estimated Mortgage Balance

$74,997Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,416 /month

Positive

Cash Flow Estimate:

$472 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$297/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$163,600

2025

$70,000

$93,600

$163,600

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$163,600

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$164,900

First

Jan 3, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$161,003

$74,997

31%

68%

$989/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$989/mo

+$983/mo

10.0%

Learn About the Market: Opportunity in Dallas

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