Last 24 Hours
$359,990
NAL Estimated Property Value4604 Colonial Avenue, Dallas, TX, 75215
Off Market
4 Beds
2 Bath
1,544 Sq FtHighlights
Interior
Bedrooms 4
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size7,500 sqft
Building Information
Year Built2022
Stories2
Roof Type105
Garage Spaces2
Land Information
APN00000169783000000
Lot Number2
SubdivisionErvay Terrace
Land UseResidential
Legal DescriptionERVAY TERRACE BLK H/1692 LT 2 INT202400116211 DD06062024 CO-DC 1692 00H 00200 1001692 00H
Census Tract020900
Assessed Land Value$67,500
Assessed Improvement Value$292,490
Assessment Year2025
About this property
Wonderful location only 3 miles to downtown and all that downtown has to offer! Ideal build site! Clear lot. Easy access to all major highways. New survey available in Transaction desk.
Investor Tools
$359,990
Estimated Property Value
$303,687Estimated Mortgage Balance
$56,303Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,344
$359,990
2025
$67,500
$292,490
$359,990
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,344
$359,990
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$314,500
No
First
Jun 6, 2024
Jul 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,687
$56,303
15%
84%
$1,886/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,886/mo
+$686/mo
8.6%
12.4%