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$1,202,000

NAL Estimated Property Value

4818 W Hanover Ave, Dallas, TX, 75209

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,327 Sq Ft
price_per_sqft$580.15 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Tankless Water Heater, Vented Exhaust Fan
FlooringBrick, Carpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBalcony, Courtyard, Fire Pit, Rain Gutters
Lot Size7,260 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000353962000000
Lot Number20
SubdivisionRector Place
Land UseResidential
Legal DescriptionRECTOR PLACE BLK 4/5004 LOT 20 INT202400167627 DD08202024 CO-DC 5004 004 02000 1005004 004
Census Tract007302
Assessed Land Value$500,000
Assessed Improvement Value$559,060
Assessment Year2025

About this property

Custom designed and built by the architect-owner, this one-of-a-kind property offers a truly special experience in the heart of Briarwood. Fully rebuilt in 2004 from the foundation up, this home centers around a serene courtyard and majestic pecan tree, blending seamlessly with nature. Upon entry, you are greeted by breathtaking 24-foot ceilings and abundant natural light from the ample windows and architecturally exposed rafters. The quality of construction is evident, with features such as custom windows and doors, high-quality finish and fixtures, all solid-core doors, and meticulous attention to detail. The bedrooms feature fresh new carpet, paint, and spa-like baths. The upstairs loft and balconies create a sense of tranquility, making you feel as if you are relaxing or working in a modern treehouse. The attached garage is built to support an additional master suite if desired. Conveniently located close to all the best Dallas has to offer. A perfect blend of luxury and comfort.

Investor Tools

Property Icon
$1,202,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,082/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,968
$1,059,060
2025
$500,000
$559,060
$1,059,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,968
$1,059,060

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,202,000
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
2.4%

City: Dallas

4818 W Hanover Ave | Property Details | No Agent List