32Days on Market

1view

$2,395

616 Wayne Street, Dallas, TX, 75223

On Market

Lease

3 Beds

2 Bath

1,224 Sq Ft

Single Family Residence

$1.96 / sqft

Built in 1924

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Heating Gas

Cooling

AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Refrigerator

FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesPrivate Yard, Storage

Lot Size7,250 sqft

Building Information

Year Built1924

Stories1

Roof Type105

Land Information

APN00000164461000000

Lot Number8

SubdivisionMount Auburn

Land UseResidential

Legal DescriptionMOUNT AUBURN BLK 18/1613 LOT 8 INT20080168040 DD06012007 CO-DC 1613 018 00800 1001613 018

Census Tract001204

Assessed Land Value$145,000

Assessed Improvement Value$135,040

Assessment Year2025

About this property

Available now! Move-in ready 3 bed, 2 bath in the heart of thriving East Dallas. Fenced yard with storage shed. Owner will take care of lawn maintenance and care. Prime location with easy access to major highways, Downtown Dallas, dining, shopping, parks and so much more. Look and lease today!

Interested in this property?

Robert Blackman

Solvent Realty Group

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$226/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,149

$280,040

2025

$145,000

$135,040

$280,040

Tax History

Year

Tax Paid

Assessed Value

2025

$1,149

$280,040

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Stand Alone First / Home Equity First Lien

$68,000

First

Aug 1, 2014

Sep 2044

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$50,245

$262,755

83%

16%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

N/A

+$1,565/mo

6.0%

Learn About the Market: Opportunity in Dallas

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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.

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