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$314,370

NAL Estimated Property Value

637 Cove Hollow Drive, Dallas, TX, 75224

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.51 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,513 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000474361000000
Lot Number19
SubdivisionFawn Ridge
Land UseResidential
Legal DescriptionFAWN RIDGE BLK 4/5981 LT 19 INT202000139743 DD05292020 CO-DC 5981 004 01900 4DA5981 004
Census Tract006002
Assessed Land Value$70,000
Assessed Improvement Value$244,370
Assessment Year2025

About this property

Multiple offers received. Please send Highest & Best by Wednesday 29th at 1pm. Here's a great opportunity to own this fine 2 story brick house! Perfect for an investor or first time buyer. This home features 4 Bedrooms, 2 Baths, lots of parking space & a garage that has been converted into a large playroom! 1st floor master bedroom, spacious kitchen, a large backyard with a cement patio & an oversized carport make this a comfortable place. Conveniently located close to parks, schools, shopping, and the DART Rail line. Just minutes to Downtown Dallas, Bishop Arts District & the Dallas Zoo. Quick access to major freeways. Won't last, schedule your showing today!

Investor Tools

Property Icon
$314,370
Estimated Property Value
$177,872Estimated Mortgage Balance
$136,498Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,886 /month
Positive
Cash Flow Estimate:
$629 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,051
$314,370
2025
$70,000
$244,370
$314,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,051
$314,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$175,000
No
First
Aug 26, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,872
$136,498
43%
57%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,170/mo
+$1,402/mo
9.8%

Learn About the Market: Opportunity in Dallas

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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 Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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637 Cove Hollow Drive | Property Details | No Agent List