1view

Owner Contacts

$260,060

NAL Estimated Property Value

538 Delphinium Drive, Dallas, TX, 75217

Off Market

3 Beds

2 Bath

1,447 Sq Ft

Single Family Residence

$165.86 / sqft

Built in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range

FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters

Lot Size5,050 sqft

Building Information

Year Built2006

Stories1

Roof Type105

Garage Spaces2

Land Information

APN007790000B0190000

Lot Number19

SubdivisionFlowers

Land UseResidential

Legal DescriptionFLOWERS BLK B/7790 LT 19 INT202200264169 DD10042022 CO-DC 7790 00B 01900 4DA7790 00B

Census Tract011701

Assessed Land Value$60,000

Assessed Improvement Value$200,060

Assessment Year2025

About this property

Tenant just moved out and time for new owner. Home will need a little TLC all around. Excellent opportunity for first time buyer in an established neighborhood with easy access to US 175, I-20 and 635 freeways. This home offers open floor plan with secondary bedrooms separate from master with large walk in closet for growing family. Close to schools, shopping, and dining for all. Come on by and imagine what you can do with your place!

Investor Tools

$260,060

Estimated Property Value

$228,378Estimated Mortgage Balance

$31,682Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,560 /month

Positive

Cash Flow Estimate:

$520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$418/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,718

$260,060

2025

$60,000

$200,060

$260,060

Tax History

Year

Tax Paid

Assessed Value

2024

$3,718

$260,060

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Fha

$233,689

Yes

First

Oct 4, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$228,378

$31,682

12%

88%

$1,465/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,465/mo

+$507/mo

9.1%

Learn About the Market: Opportunity in Dallas

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