$1,285,000
NAL Estimated Property Value4208 Mendenhall Dr, Dallas, TX, 75244
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
FlooringLaminate
Exterior
Exterior FeaturesRain Gutters
Lot Size16,596 sqft
Building Information
Year Built1963
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000580270000000
Lot Number1
SubdivisionHockaday Manor 2
Land UseResidential
Legal DescriptionHOCKADAY MANOR 2 BLK A/6395 LT 1 MENDENHALL MIDWAY & FOREST LANE INT202100125607 DD04272021 CO-DC 6395 00A 00100 1006395 00A
Census Tract009603
Assessed Land Value$414,900
Assessed Improvement Value$377,890
Assessment Year2025
About this property
Studs up remodel in coveted Hockaday Manor. Sprawling ranch style home perched on a huge 130’X130’ corner lot with immaculate landscaping and a huge covered patio just waiting for your next gathering. Two large living areas, open concept kitchen with SS appliances and wet bar, double-sided fireplace, new drive, new garage doors and more... Bonus room over the 3 car detached garage for storage but has electricity and can easily be finished out. 2016: new HVAC, Water heater, and roof.
Investor Tools
$1,285,000
Estimated Property Value
$399,001Estimated Mortgage Balance
$885,999Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,710 /month
Positive
Cash Flow Estimate:
$2,570 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,540/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,055
$792,790
2025
$414,900
$377,890
$792,790
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,055
$792,790
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$442,000
No
First
Apr 27, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,001
$885,999
68%
31%
$2,651/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,651/mo
$-211/mo
2.3%
