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Owner Contacts

$482,440

NAL Estimated Property Value

4502 Leland Ave, Dallas, TX, 75215

Off Market

4 Beds

3 Bath

2,494 Sq Ft

$176.31 / sqft

Built in 2023

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size4,855 sqft

Building Information

Year Built2023

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000174172000000

Lot Number1

SubdivisionWilsons Reeves South Side

Land UseResidential

Legal DescriptionWILSONS REEVES SOUTH SIDE BLK 2/1762 SW PT LT 1 50X100 INT202200155698 DD06012022 CO-DC 1762 002 00100 1DA1762 002

Census Tract020800

Assessed Land Value$48,550

Assessed Improvement Value$433,890

Assessment Year2025

About this property

Corner lot situated directly across from the Bethlehem Center in South Dallas. Developing area with the main streets being Elsie Faye Heggins and the former S.M. Wright Freeway. A lot of new houses are being built in the area. Near highly regarded elementary school - Charles Rice.

Investor Tools

$482,440

Estimated Property Value

$404,370Estimated Mortgage Balance

$78,070Estimated Equity

16% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,895 /month

Positive

Cash Flow Estimate:

$965 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$860/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,906

$482,440

2025

$48,550

$433,890

$482,440

Tax History

Year

Tax Paid

Assessed Value

2024

$7,906

$482,440

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas State Affordable Hsng Corp

Unknown

$19,973

First

May 24, 2024

Jun 2027

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$404,370

$78,070

16%

84%

$2,516/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,516/mo

+$56/mo

6.4%

Learn About the Market: Opportunity in Dallas

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