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$285,000

NAL Estimated Property Value

4623 Luzon Street, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,364 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.94 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Microwave, Refrigerator, Wine Cooler
FlooringCeramic Tile, Vinyl

Exterior

Lot Size7,167 sqft

Building Information

Garage Spaces1

Land Information

APN00000759382000000
Lot Number9
SubdivisionCentral Avenue #2
Land UseResidential
Legal DescriptionBLK C/7647 LOT 9 LUZON INT202500057348 DD05072025 CO-DC 7647 00C 00900 2007647 00C
Census Tract020200
Assessed Land Value$60,000
Assessment Year2025

About this property

Active Option however Backup offers are encouraged! Modern design, space, and location come together at 4623 Luzon St in the historic Joppa District, one of Dallas’s oldest and most community-driven neighborhoods experiencing steady revitalization and renewed buyer interest. This newly built 3 bedroom, 2 bath contemporary farmhouse sits on an oversized lot and offers the kind of value that savvy buyers recognize early. Designed for low maintenance and everyday living, the open concept floor plan features quartz countertops, custom cabinetry, designer accent walls, a built in wine cellar, and sleek modern finishes throughout. A full appliance package is included, with refrigerator, washer, and dryer, making this home truly move in ready. The layout flows effortlessly from kitchen to living area, creating a welcoming space for both entertaining and relaxing. A cozy fireplace anchors the main living area, while spacious bedrooms provide flexibility for guests, home office needs, or a growing household. The primary suite is thoughtfully designed with comfort and function in mind, offering a private retreat at the end of the day. Outside, the expansive backyard delivers rare city space with endless potential for entertaining, outdoor living, or future customization. An oversized side entry double gate allows room for multiple vehicles, a work truck, or additional parking, a highly desirable feature this close to the urban core. Located just minutes from Downtown Dallas, Bishop Arts, Trinity Groves, and major highways, this home offers quick access to dining, nightlife, and employment centers without the premium price tag. Buyers looking for long-term equity, modern construction, and room to grow will appreciate the balance of history, convenience, and opportunity this property delivers. Move in ready with high end finishes and builder warranty included for peace of mind. This is the smart buy for those who value location, lifestyle, and future upside.

Investor Tools

Property Icon
$285,000
Estimated Property Value
$558,060Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,341
$60,000
2025
$60,000
N/A
$60,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,341
$60,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Unknown
$279,837
No
First
Mar 16, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$558,060
N/A
0%
196%
$3,356/mo

Learn About the Market: Opportunity in Dallas

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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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4623 Luzon Street | Property Details | No Agent List