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Owner Contacts

$289,710

NAL Estimated Property Value

609 Cleardale Drive, Dallas, TX, 75232

Off Market

3 Beds

2 Bath

1,404 Sq Ft

Single Family Residence

$202.99 / sqft

Built in 1963

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave

FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage

Lot Size16,424 sqft

Building Information

Year Built1963

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000746467000000

Lot Number14

SubdivisionPolk Terrace 12

Land UseResidential

Legal DescriptionPOLK TERRACE 12 BLK L/7525 LT 14 CLEARDALE DR & GREENSPAN AVE INT202200168925 DD06152022 CO-DC 7525 00L 01400 2007525 00L

Census Tract011104

Assessed Land Value$55,000

Assessed Improvement Value$234,710

Assessment Year2025

About this property

Great Home for Sale in Polk Terrace. Huge 16,400 Square Foot Corner Lot that Backs to Canal. Open Floor Plan. Granite Counter Tops. New Appliances. Updated Bathrooms. Tile and Laminate Flooring. Large Back Yard. Storage Shed in Back Yard.

Investor Tools

$289,710

Estimated Property Value

$313,946Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,738 /month

Positive

Cash Flow Estimate:

$579 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$660/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,475

$289,710

2025

$55,000

$234,710

$289,710

Tax History

Year

Tax Paid

Assessed Value

2024

$6,475

$289,710

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Fha

$286,711

Yes

First

Jun 15, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$313,946

N/A

108%

$2,017/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,017/mo

$-45/mo

8.2%

Learn About the Market: Opportunity in Dallas

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