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$768,650

502 Valencia St, Dallas, TX, 75223

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.33 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesAwning(s), Rain Gutters
Lot Size7,159 sqft

Building Information

Year Built1929
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000206044000000
Lot Number5
SubdivisionHollywood Revised
Land UseResidential
Legal DescriptionHOLLYWOOD REVISED BLK 3/2211 LT 5 INT202000138678 DD02072020 CO-DC 2211 003 00500 1002211 003
Census Tract001203
Assessed Land Value$322,160
Assessed Improvement Value$446,490
Assessment Year2025

About this property

ALL UTILITIES INCLUDED IN RENT! ALSO INCLUDES LAWN CARE, EXTERMINATING AND MONTHLY CLEANING. Beautiful updated Tudor in highly sought after Hollywood Heights neighborhood. This warm and inviting home features hardwood floors throughout, a fireplace with gas logs in the living room, study off the living room, neutral paint and a great open floorplan with split bedrooms. The kitchen is a chef's dream with custom cabinets, built-in wine fridge, granite c-tops, walk in pantry and stainless steel appliances including a commercial grade gas range and cooktop. Mud room and separate laundry room off kitchen with washer and dryer included in lease. Primary bedroom includes updated bath with dual sinks and vanities, separate tub, large walk-in glass shower and a large walk-in closet with two chests of drawers. Beautifully landscaped backyard with deck, pergola, flagstone patio and wood privacy fence. Feeds into award winning Lakewood Elementary. CAN ALSO BE LEASED FURNISHED FOR $4300 PER MONTH.

Investor Tools

Property Icon
$768,650
Estimated Property Value
$448,500Estimated Mortgage Balance
$364,573Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,612 /month
Positive
Cash Flow Estimate:
$1,537 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$768,650
2025
$322,160
$446,490
$768,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$768,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$448,500
No
First
Mar 26, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,077
$364,573
47%
53%
$2,689/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,689/mo
$-1,124/mo
2.4%

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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502 Valencia St | Property Details | No Agent List