1view

Owner Contacts

$246,980

NAL Estimated Property Value

4149 Fortune Lane, Dallas, TX, 75216

Off Market

3 Beds

2 Bath

1,816 Sq Ft

Single Family Residence

$129.41 / sqft

Built in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Refrigerator, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Lot Size11,250 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Land Information

APN00000480067000000

Lot Number24

SubdivisionMarsalis Park Addition

Land UseResidential

Legal DescriptionMARSALIS PARK BLK F/6003 LT 24 INT202200136655 DD05122022 CO-DC 6003 00F 02400 2DA6003 00F

Census Tract005902

Assessed Land Value$70,000

Assessed Improvement Value$176,980

Assessment Year2025

About this property

Great opportunity to fix this house up and make it your own. This house is being sold with owner financing. Please reach out to the listing agent for financing terms and more information.

Investor Tools

$246,980

Estimated Property Value

$195,667Estimated Mortgage Balance

$51,313Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,482 /month

Positive

Cash Flow Estimate:

$494 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$486/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,593

$246,980

2025

$70,000

$176,980

$246,980

Tax History

Year

Tax Paid

Assessed Value

2024

$4,593

$246,980

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Davenport Investment Group Llc

Purchase Money Mortgage

$211,500

First

May 12, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$195,667

$51,313

20%

79%

$1,269/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,269/mo

+$703/mo

9.6%

Learn About the Market: Opportunity in Dallas

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