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$1,198,000

NAL Estimated Property Value

628 W 7th, Dallas, TX, 75208

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,100 Sq Ft
price_per_sqft$295.36 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
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

Property Icon
$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

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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

City: Dallas

628 W 7th | Property Details | No Agent List