$471,050
NAL Estimated Property Value419 Delaware St, Dallas, TX, 75208
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesNone
FlooringLaminate, Tile, Wood
Exterior
Lot Size8,179 sqft
Building Information
Year Built1950
Stories2
Roof Type106
Garage Spaces2
Land Information
APN00000275356000000
Lot Number4
SubdivisionHomestead Park
Land UseResidential
Legal DescriptionHOMESTEAD PARK BLK 2/3500 LT 4 INT202000288030 DD08312020 CO-DC 3500 002 00400 2003500 002
Census Tract005000
Assessed Land Value$200,000
Assessed Improvement Value$271,050
Assessment Year2025
About this property
This property is conveniently situated just 5 miles from Downtown Dallas. It presents an excellent opportunity for investors, featuring an additional small back building that includes 3 one-bedroom rentals and a second-floor space. Furthermore, this property offers great potential for a new construction project, complete with a spacious backyard.
Investor Tools
$471,050
Estimated Property Value
$159,918Estimated Mortgage Balance
$311,132Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,826 /month
Positive
Cash Flow Estimate:
$942 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,459
$471,050
2025
$200,000
$271,050
$471,050
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$5,459
$471,050
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jose Coronado Etal
Seller Carryback / Seller Financing / Seller Take-Back
$180,000
No
First
Aug 31, 2020
Oct 2030
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,918
$311,132
66%
34%
$1,080/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,080/mo
+$1,492/mo
6.6%
