Last 24 Hours
$1,033,000
NAL Estimated Property Value4647 Lorraine Ave, Highland Park, TX, 75209
Off Market
3 Beds
2 Bath
1,613 Sq Ft
Single Family Residence
$740.86 / sqft
Built in 1952Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven, Refrigerator
FlooringHardwood, Tile
Exterior
Exterior FeaturesRain Gutters, Lighting
Lot Size7,082 sqft
Building Information
Year Built1952
Stories1
Roof Type105
Garage Spaces2
Land Information
APN60084501610040000
Lot Number4
SubdivisionHighland Park
Land UseResidential
Legal DescriptionHIGHLAND PARK BLK 161 LT 4 INT202400264974 DD12302024 CO-DC 0845016100400 16908450161
Census Tract019800
Assessed Land Value$885,250
Assessed Improvement Value$139,750
Assessment Year2025
About this property
Charming red brick cottage, ca. 1952, with many updates awaits its new owner! Expansion possibilities on tranquil block. This charming house consists of Living Room with fireplace, Dining Room, spacious Kitchen and Breakfast Area, Laundry Facility, 3 bedrooms and 2 baths. The Primary Bathroom has an en suite bath. Hardwoods virtually throughout. Built-ins in Dining Room lend for decorate storage; Kitchen includes Miele appliances, gas stove and oven, forest green granite surfaces and a new backsplash. Owner has installed bedroom windows and sliders, which lead to a private patio, surveying the back lawn. 2-car detached garage is secured along gated driveway! Town of Highland Park city services!
Investor Tools
$1,033,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,033,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,170 /month
Positive
Cash Flow Estimate:
$2,390 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,463/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,394
$1,025,000
2025
$885,250
$139,750
$1,025,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,394
$1,025,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,033,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
N/A
+$2,370/mo
2.8%
12.4%