$1,198,000
NAL Estimated Property Value628 W 7th, Dallas, TX, 75208
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Cooktop, Gas Oven
FlooringWood
Exterior
Exterior FeaturesRain Gutters
Lot Size5,750 sqft
Land Information
APN00000257896000000
Lot Number16
SubdivisionHillside
Land UseResidential
Legal DescriptionHILLSIDE BLK 5/3209 PT LT 16 ACS 0.132 INT202200086698 DD03282022 CO-DC 3209 005 01700 2003209 005
Census Tract004700
Assessed Land Value$230,000
Assessment Year2025
About this property
Fantastic opportunity to purchase this income producing rental or tear down and build new.
Investor Tools
$1,198,000
Estimated Property Value
$154,521Estimated Mortgage Balance
$1,043,479Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,188 /month
Positive
Cash Flow Estimate:
$2,396 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,190/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,287
$230,000
2025
$230,000
N/A
$230,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,287
$230,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Building Or Construction Loan
$175,000
No
First
May 4, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,521
$1,043,479
87%
13%
$1,050/mo
