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$389,000

7007 E Grand Avenue, Dallas, TX, 75223

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$338.26 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Range, Gas Water Heater, Tankless Water Heater
FlooringCarpet, Hardwood, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,150 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN00000227245000000
Lot Number7
SubdivisionSanta Monica
Land UseResidential
Legal DescriptionSANTA MONICA BLK 13/2714 LOT 7 INT202200325351 DD12222022 CO-DC 2714 013 00700 1002714 013
Census Tract001202
Assessed Land Value$185,900
Assessed Improvement Value$217,710
Assessment Year2025

About this property

Public launch this SATURDAY! Enjoy everything the East Dallas lifestyle has to offer just minutes from shopping & dining in Lakewood, White Rock Lake & multiple neighborhood gardens. This charming 1950s home overlooking the Tenison Park Pollinator Garden is full of recent updates & the kind of carefully curated features found only in an original well-maintained home such as this one. An open layout features the main living room, dining area & eat-in kitchen (tile backsplash, gas range, soft-close cabinets, SS appliances & soapstone counters). Converted garage space with cedar ceiling & treehouse-like views is perfect for a home office or bonus room. French door tucks both beds & bath away from main area without shutting off space. Added closet space & custom beadboard ceiling in master. Secondary bed faces backyard with pine paneling & tin accent ceiling. Back patio is right off the kitchen with privacy fence (2021) & plenty of outdoor space for gardening or cooking out with friends.

Investor Tools

Property Icon
$502,000
Estimated Property Value
$0Estimated Mortgage Balance
$143,669Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$961/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,021
$403,610
2025
$185,900
$217,710
$403,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,021
$403,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$382,500
No
First
Dec 22, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,331
$143,669
28%
71%
$2,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$2,294/mo
$-729/mo
3.7%

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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