1view

Owner Contacts

$137,000

NAL Estimated Property Value

630 Neomi Ave, Dallas, TX, 75217

Off Market

2 Beds

1 Bath

792 Sq Ft

Single Family Residence

$126.26 / sqft

Built in 1950

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Gas

Cooling

AppliancesNone

Exterior

Lot Size7,218 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000553033000000

Lot Number9

SubdivisionHome Gardens

Land UseResidential

Legal DescriptionHOME GARDENS UNIT #3 BLK N/6256 LOT 9 INT202500037788 DD02252025 CO-DC 6256 00N 00900 3006256 00N

Census Tract009303

Assessed Land Value$55,000

Assessed Improvement Value$18,130

Assessment Year2025

About this property

PRICE REDUCED! This is an open canvas, come and explore all the possibilities this could be, 2 or 3 bedroom with 1 or 2 bathrooms, open kitchen and dining area or a master suite...you decide. The walls are currently open and are ready for your new design and finishing touches. The foundation and subfloors, and plumbing have been updated. Go and show this home in the sought after subdivision of Home Gardens.

Investor Tools

$137,000

Estimated Property Value

$3,657Estimated Mortgage Balance

$133,343Estimated Equity

97% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$822 /month

Positive

Cash Flow Estimate:

$274 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$339/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,383

$73,130

2025

$55,000

$18,130

$73,130

Tax History

Year

Tax Paid

Assessed Value

2024

$3,383

$73,130

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Reality Homes Inc

Seller Carryback / Seller Financing / Seller Take-Back

$27,750

First

Oct 20, 1998

Nov 2028

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$3,657

$133,343

97%

$167/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$167/mo

+$1,398/mo

13.7%

Learn About the Market: Opportunity in Dallas

Explore

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.

Explore This Area