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$331,000

507 E Freeman Street, Duncanville, TX, 75116

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,982 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size24,472 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN22071600040330000
Lot Number33
SubdivisionForest Hills
Land UseResidential
Legal DescriptionFOREST HILLS INST 15 BLK D LT 33 INT202100264242 DD09022021 CO-DC 0716000403300 4CV07160004
Census Tract016516
Assessed Land Value$87,000
Assessed Improvement Value$282,670
Assessment Year2025

About this property

Want a backyard Oasis? Attractive wood grain garage door, stained front door & charm of this home's construction welcome you when you arrive. Living is open & spacious with lots of natural light. Formal dining plus breakfast area & just outside of breakfast area is a covered patio for morning coffee or grilling. Kitchen is spacious & offers s.s. appliances including built-in microwave, dishwasher & gas range. Master bedroom has private access to the backyard, & what a backyard it is including a covered patio that is approx 600sf, attractive trees, tall privacy fence & swimming pool with deck! Fresh paint. 40 yr roof & gutters installed 3 years ago. Easy access to highways, schools, entertainment & shopping.

Investor Tools

Property Icon
$390,000
Estimated Property Value
$0Estimated Mortgage Balance
$118,477Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,841
$369,670
2025
$87,000
$282,670
$369,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,841
$369,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Purchase Money Mortgage
$297,900
No
First
Sep 2, 2021
Oct 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,523
$118,477
30%
70%
$1,787/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,787/mo
+$785/mo
7.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Duncanville

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