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Owner Contacts

$735,000

NAL Estimated Property Value

7002 Lindsley Ave, Dallas, TX, 75223

Off Market

3 Beds

2 Bath

1,515 Sq Ft

Single Family Residence

$437.62 / sqft

Built in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator

FlooringHardwood, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard

Lot Size7,997 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces4

Land Information

APN00000227353000000

Lot Number6

SubdivisionSanta Monica

Land UseResidential

Legal DescriptionSANTA MONICA BLK 16/2717 LOT 6 INT202400202106 DD10032024 CO-DC 2717 016 00600 1002717 016

Census Tract001202

Assessed Land Value$319,880

Assessed Improvement Value$319,880

Assessment Year2025

About this property

This renovated 1950s Ranch in Historic Santa Monica Heights in Coveted Lakewood Elementary. This home masterfully combines modern features w classic allure on a lg corner lot. Upon entering, the exceptional care & ownership pride are immediately evident. The residence boasts white oak floors, brimming w natural light & spacious bedrooms. Baths are highlighted by stylish period tiles. The kitchen is adorned w granite countertops, SS appliances, water filtration system, & ample cabinetry & workspace. The open floor plan makes this charming home perfect for social gatherings. Outside, the expansive wooden deck offers a tranquil retreat or an extra space for entertainment. It's conveniently located w in walking distance to Lindsley Park & the Santa Fe Trail, Spanish World School, White Rock YMCA w Lakewood Elementary in close proximity. Recent updates include HVAC-2021, Garage freezer- 8-2021, W & D-2023 & fridge-2023.

Investor Tools

$735,000

Estimated Property Value

$579,866Estimated Mortgage Balance

$155,134Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,410 /month

Positive

Cash Flow Estimate:

$1,470 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,131/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,897

$639,760

2025

$319,880

$639,760

Tax History

Year

Tax Paid

Assessed Value

2024

$9,897

$639,760

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending

Conventional

$596,700

First

Oct 1, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$579,866

$155,134

21%

79%

$3,578/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$3,578/mo

$-1,606/mo

3.2%

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