1view

Owner Contacts

$1,989,000

NAL Estimated Property Value

4405 Colgate Ave, Dallas, TX, 75225

Off Market

4 Beds

3 Bath

2,502 Sq Ft

$549.56 / sqft

Built in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Heating Central

Cooling

AppliancesBuilt In Refrigerator, Dishwasher, Disposal, Gas Range, Vented Exhaust Fan

FlooringCarpet, Hardwood, Other

Exterior

Exterior FeaturesLighting, Rain Gutters

Lot Size8,279 sqft

Building Information

Year Built1940

Stories2

Roof Type105

Land Information

APN00000423475000000

Lot Number25

Land UseResidential

Legal DescriptionIDLEWILD ANNEX BLK 3/5631 LT 25 INT202200235690 DD08312022 CO-DC 5631 003 02500 1005631 003

Census Tract007301

Assessed Land Value$1,090,760

Assessed Improvement Value$427,080

Assessment Year2025

About this property

Simply adorable Cape Cod-style home in Hyer Elementary! Great family home with primary suite and two additional bedrooms down, plus a 4th bedroom and bath upstairs that could also be used as the primary. 2 living areas, 2 dining areas, large utility room and convenient mudroom storage area. Lovely kitchen with stainless steel Viking appliances and granite countertops. Covered patio and open patio overlook large turfed backyard. 2022 updates include new driveway, fresh paint throughout, new carpet, landscaping, flagstone patio and much more. Ready for the next owner to move right in!

Investor Tools

$1,989,000

Estimated Property Value

$656,703Estimated Mortgage Balance

$1,332,297Estimated Equity

66% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,934 /month

Positive

Cash Flow Estimate:

$3,978 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,582/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$21,036

$1,517,840

2025

$1,090,760

$427,080

$1,517,840

Tax History

Year

Tax Paid

Assessed Value

2024

$21,036

$1,517,840

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Synergy One Lending

Conventional

$706,000

First

Aug 31, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$656,703

$1,332,297

66%

33%

$4,233/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,860/mo

$4,233/mo

$-373/mo

2.3%

Learn About the Market: Opportunity in Dallas

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