11Days on Market

1view

$1,950

5415 Spruce View Dr, Dallas, TX, 75232

On Market

Just Added

4 Beds

2 Bath

1,558 Sq Ft

Single Family Residence

$1.25 / sqft

Built in 1967

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop

Exterior

Lot Size8,517 sqft

Building Information

Year Built1967

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000500953000000

Lot Number19

SubdivisionHighland Oaks 4 Inst 5

Land UseResidential

Legal DescriptionHIGHLAND OAKS 4 INST 5 BLK 18/6048 LT 19 INT201300078999 DD03052013 CO-DC 6048 018 01900 2006048 018

Census Tract011003

Assessed Land Value$60,000

Assessed Improvement Value$164,080

Assessment Year2025

About this property

NICE UPDATED TWO STORY HOME, TWO LIVING AREAS, MASTER BEDROOM IS DOWN, NICE LUXURY VINYL PLANK FLOORING....THREE BEDROOMS UP, LOTS OF CLOSETS, LARGE COVERED PATIO, FENCED YARD...TWO CAR GARAGE..GREAT HOME... FRESH PAINT AND NEW CARPETS UPSTAIRS.....MUST HAVE TWO YEARS OF GOOD CURRENT RENTAL AND TWO YEARS OF EMPLOYMENT HISTORY AND 3 X RENT FOR INCOME....OUR APP FEE IS 50 PER PERSON.. EMAIL AGENT IF YOU HAVE QUESTIONS. THANK YOU

Investor Tools

$46,700Estimated Mortgage Balance

$209,300Estimated Equity

81% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,536 /month

Positive

Cash Flow Estimate:

$512 /month

Interested in this property?

Richard Senger

Signature Leasing & Management

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$522/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,990

$224,080

2025

$60,000

$164,080

$224,080

Tax History

Year

Tax Paid

Assessed Value

2025

$4,990

$224,080

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Aegis Wholesale Corp

Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)

$86,400

First

Aug 3, 2005

Sep 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$46,700

$209,300

81%

18%

$649/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$649/mo

+$1,923/mo

12.1%

Learn About the Market: Opportunity in Dallas

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