7view

Owner Contacts

$594,000

NAL Estimated Property Value

418 N Montreal Avenue, Dallas, TX, 75208

$671,992 ARV

Off Market

3 Beds

3 Bath

2,485 Sq Ft

$189.09 / sqft

Built in 1941

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater

FlooringOther, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting

Lot Size7,683 sqft

Building Information

Year Built1941

Stories2

Roof Type105

Garage Spaces1

Land Information

APN00000328654000000

Lot Number8

SubdivisionDaniels L O Jr

Land UseResidential

Legal DescriptionDANIELS L O JR BLK 3/4547 LOT 8 INT202100128030 DD04302021 CO-DC 4547 003 00800 2004547 003

Census Tract004500

Assessed Land Value$230,490

Assessed Improvement Value$339,430

Assessment Year2025

About this property

Built in 1941, this unique Dilbeck-inspired gem has been thoughtfully renovated with all of the modern amenities of today. At 2,485 sqft, the possibilities are endless with plenty of room to spread your wings. Improvements include a new kitchen with custom cabinetry, Quartzite countertops, a luxurious master suite with an oversized walk-in closet, spacious utility room with storage and a sink, new windows, bamboo wood floors, roof (2019), HVAC (2020), spray foam insulation, tankless hot water heater, LED lighting and more! Tucked away in the desirable L.O Daniel neighborhood known for its strong sense of community while conveniently located moments away from entertainment and amenities in Bishop Arts and TYPO!

Investor Tools

$594,000

Estimated Property Value

$429,099Estimated Mortgage Balance

$164,901Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$671,992

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,564 /month

Positive

Cash Flow Estimate:

$1,188 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$965/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,611

$569,920

2025

$230,490

$339,430

$569,920

Tax History

Year

Tax Paid

Assessed Value

2024

$8,611

$569,920

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Conventional

$422,910

First

Apr 30, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$429,099

$164,901

27%

72%

$2,836/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,836/mo

$-864/mo

4.0%

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