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$660,000

NAL Estimated Property Value

604 Balboa Street, Irving, TX, 75062

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,983 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.11 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Double Oven
FlooringCarpet

Exterior

Exterior FeaturesBalcony
Lot Size13,750 sqft

Building Information

Year Built1978
Stories2
Roof Type111
Garage Spaces3

Land Information

APN32557600020560000
Lot Number56
SubdivisionUniversity Hills 7th
Land UseResidential
Legal DescriptionUNIVERSITY HILLS 7TH INST BLK 2 LOT 56 INT202200308865 DD12022022 CO-DC 5576000205600 2CI55760002
Census Tract014205
Assessed Land Value$225,000
Assessed Improvement Value$366,950
Assessment Year2025

About this property

This beautifully updated home is located in the prestigious University Hills, part of Irving’s Las Colinas planned development, conveniently located near some of DFW's best accommodations, entertainment-Toyota Music Factory, dining, transportation all with easy access to 6 major highways, rail, and airports. Updates feature: LVP throughout the first floor, new carpet on second floor, fresh paint, spacious kitchen with granite countertops, SS appliances including a double oven, all with a great view over looking the backyard through the large bay window in the breakfast area. Tall ceilings and gas log fireplace are in the spacious main living area off the kitchen. There is another nice sized living room on the first floor as your enter the home. The large master suite is located upstairs has a wonderful private balcony overlooking the backyard. Three secondary bedrooms are also located on the second floor. This home is perfect for family or executive, designed with entertaining in mind.

Investor Tools

Property Icon
$660,000
Estimated Property Value
$543,591Estimated Mortgage Balance
$116,409Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,960 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,134/month
$517/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,312
$591,950
2025
$225,000
$366,950
$591,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,312
$591,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Northpointe Bank
Unknown
$548,700
No
First
Dec 2, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$543,591
$116,409
17%
82%
$3,470/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,987/mo
$-1,415/mo
4.7%

City: Irving

604 Balboa Street | Property Details | No Agent List