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Owner Contacts

$307,000

NAL Estimated Property Value

624 Parkwood Dr, Dallas, TX, 75224

Off Market

3 Beds

2 Bath

1,656 Sq Ft

Single Family Residence

$181.1 / sqft

Built in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range

FlooringCarpet, Vinyl

Exterior

Lot Size10,002 sqft

Building Information

Year Built1959

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000474886000000

Lot Number21

SubdivisionSouthern Hills

Land UseResidential

Legal DescriptionSOUTHERN HILLS BLK 7/5982 LT 21 INT202300031394 DD02172023 CO-DC 5982 007 02100 4DA5982 007

Census Tract006002

Assessed Land Value$70,000

Assessed Improvement Value$233,470

Assessment Year2025

About this property

PRICED TO SELL! If you like privacy, a quiet established neighborhood, and quick access to the highway, then look no further. This 3 bedroom, 2 bath well maintained traditional home needed only a few updates to make it top notch and appealing to today's buyer. All appliances are included. This property is priced to sell and it won't last long.

Investor Tools

$307,000

Estimated Property Value

$286,152Estimated Mortgage Balance

$20,848Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,842 /month

Positive

Cash Flow Estimate:

$614 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$683/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,666

$303,470

2025

$70,000

$233,470

$303,470

Tax History

Year

Tax Paid

Assessed Value

2024

$6,666

$303,470

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Financial Network Inc

Fha

$304,385

Yes

First

Feb 17, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$286,152

$20,848

93%

$1,825/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,825/mo

+$147/mo

7.7%

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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