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$627,340

NAL Estimated Property Value

534 Monssen Drive, Dallas, TX, 75224

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$277.72 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Gas Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Concrete, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size12,588 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000467758000000
Lot Number30
SubdivisionWynnewood
Land UseResidential
Legal DescriptionWYNNEWOOD BLK 48/5973 LT 30 INT202100165582 DD06022021 CO-DC 5973 048 03000 2005973 048
Census Tract006200
Assessed Land Value$125,000
Assessed Improvement Value$502,340
Assessment Year2025

About this property

Nestled in the picture-perfect corner in Wynnewood North and flanked by canopies of sprawling oak trees, welcome to 534 Monssen Drive. And if the setting isn’t enough, wait until you get inside. Two stunning bathrooms were re-imagined through moving walls and upgrading with quartz countertops, marble tile and gold hardware. The chef of the family will drool over the cobalt blue Viking Professional 6-burner gas range with double ovens and industrial vent hood. Other upgrades include all new windows, fence, recessed lighting and designer fixtures. Not to be outdone by the front curb appeal or the tasteful interior, the backyard is expansive, beautiful and shares in the magic of all that is 534 Monssen Drive.

Investor Tools

Property Icon
$627,340
Estimated Property Value
$448,312Estimated Mortgage Balance
$179,028Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,764 /month
Positive
Cash Flow Estimate:
$1,255 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,055/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,517
$627,340
2025
$125,000
$502,340
$627,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,517
$627,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$494,700
No
First
Jun 2, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,312
$179,028
28%
71%
$2,966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,966/mo
$-994/mo
3.8%

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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534 Monssen Drive | Property Details | No Agent List