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Owner Contacts

$830,000

NAL Estimated Property Value

623 Tenison Memorial Drive, Dallas, TX, 75223

Off Market

3 Beds

3 Bath

2,014 Sq Ft

$371.9 / sqft

Built in 1938

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Convection Oven, Dishwasher, Double Oven, Electric Oven, Gas Cooktop, Ice Maker, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting

Lot Size7,150 sqft

Building Information

Year Built1938

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000227758000000

Lot Number1

SubdivisionSanta Monica

Land UseResidential

Legal DescriptionSANTA MONICA BLK 18/2726 LT 1 INT202100030624 DD01292021 CO-DC 2726 018 00100 1002726 018

Census Tract001202

Assessed Land Value$286,000

Assessed Improvement Value$449,720

Assessment Year2025

About this property

Charming Colonial home located on corner lot in Hollywood-Santa Monica Historic District & Lakewood Elementary school zone. Home has been masterfully renovated to service todays lifestyle. Open kitchen, den & dining feature lrg island w reclaimed 1800s American Chestnut ctop, built in beverage fridge, farm sink, 48in comm gas range, marble ctop w marble tile BS, ice maker, cabinet front fridge, custom cabinetry & french door to lrg covered porch. Frml living rm has hdwd floors, custom shutters, WB FP w gas start & french door to porch swing on back porch. Upstairs r 3 beds w 2 updated baths. Addt amenities: dry bar, full size WD area, detached 2 car grg w opener, view to Lindsley Park & access to Santa Fe trail

Investor Tools

$830,000

Estimated Property Value

$638,951Estimated Mortgage Balance

$191,049Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,980 /month

Positive

Cash Flow Estimate:

$1,660 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,420/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,891

$735,720

2025

$286,000

$449,720

$735,720

Tax History

Year

Tax Paid

Assessed Value

2024

$12,891

$735,720

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Robert P Murphy Etux

Conventional

$712,000

First

Jan 25, 2021

Feb 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$638,951

$191,049

23%

77%

$4,269/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$4,269/mo

$-2,297/mo

2.9%

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