B+

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Owner Contacts

$732,360

NAL Estimated Property Value

627 Monssen Drive, Dallas, TX, 75224

Off Market

3 Beds

2 Bath

2,218 Sq Ft

Single Family Residence

$234.45 / sqft

Built in 1956

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile, Concrete

Exterior

Lot Size23,015 sqft

Building Information

Year Built1956

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000468028000000

Lot Number14

SubdivisionWynnewood

Land UseResidential

Legal DescriptionWYNNEWOOD BLK 54/5973 LOT 14 INT202100360111 DD11302021 CO-DC 5973 054 01400 4DA5973 054

Census Tract006200

Assessed Land Value$125,000

Assessed Improvement Value$607,360

Assessment Year2025

About this property

On the market for only the 2nd time, this mid-century modern retreat was designed by a local artist as his personal residence in 1956. Located on a heavily treed large lot in the ever-popular Wynnewood neighborhood, the home features an open floor plan, spa-like bathrooms, and walls of glass that flood the home with natural light while perfectly framing views to the surrounding nature. If you hurry, you'll be just in time to enjoy a glass of wine while relaxing in front of one of the two wood burning fireplaces. Don not miss it!

Investor Tools

$732,360

Estimated Property Value

$324,793Estimated Mortgage Balance

$407,567Estimated Equity

55% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,394 /month

Positive

Cash Flow Estimate:

$1,465 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,601/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,544

$732,360

2025

$125,000

$607,360

$732,360

Tax History

Year

Tax Paid

Assessed Value

2024

$15,544

$732,360

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$355,000

First

Nov 30, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$324,793

$407,567

55%

44%

$2,129/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,129/mo

+$443/mo

4.2%

Learn About the Market: Opportunity in Dallas

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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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