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$129,900

4603 Spring Garden St, Dallas, TX, 75215

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.28 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringLaminate

Building Information

Year Built2020
Stories1
Roof Type105

Land Information

APN00000175666000000
SubdivisionMorningside
Land UseResidential
Legal DescriptionMORNINGSIDE BLK E/1776 LT 9 INT202000300013 DD10292020 CO-DC 1776 00E 00900 1DA1776 00E
Census Tract020800
Assessment Year2025

About this property

Attention investors If you are looking for a property with a massive sweat-equity spread, this is the one. Situated on a great lot at 4603 Spring Garden St., this diamond-in-the-rough is a blank canvas packed with incredible potential. The property needs work and is being sold strictly AS-IS, making it the ultimate value-add project for your summer pipeline. Whether your strategy is a quick, profitable fix-and-flip or a high-yielding buy-and-hold rental, the numbers make sense here. The layout offers an excellent foundation for a modern re-design, and the solid neighborhood rental demand ensures a strong cap rate once stabilized. Skip the institutional bidding wars—bring your flashlight, your contractor, and your vision. Properties with this much meat left on the bone do not last long in today's market. Walking distance to Mildred Dunn Recreation Center

Investor Tools

Property Icon
$252,000
Estimated Property Value
$5,000,000Estimated Mortgage Balance
$0Estimated Equity
-1884% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

Interested in this property?

Benjamin Deanda

RE/MAX Trinity

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,103
$228,320
2025
N/A
N/A
$228,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,103
$228,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Commercial
$5,000,000
No
First
Jul 8, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,433,083
N/A
0%
1759%
$29,978/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$29,978/mo
$-28,006/mo
9.4%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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4603 Spring Garden St | Property Details | No Agent List