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$424,560

702 Elkhart Ave, Dallas, TX, 75217

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.43 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range
FlooringVinyl

Exterior

Lot Size7,122 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN006256000I0180000
Lot Number18
Land UseSingle Family Residences
Legal DescriptionHOME GARDENS 3 BLK I/6256 LT 18 ACS 0.1635 INT202300147861 DD07242023 CO-DC 6256 00I 01800 4DA6256 00I
Census Tract009303
Assessed Land Value$55,000
Assessed Improvement Value$369,560
Assessment Year2025

About this property

OFFERING $5,000 IN SELLER CONCESSIONS TOWARDS THE BUYERS CLOSING COST! If you are looking for a brand-new home that offers a different design and custom finishes inside and out, this is the home for you. Offering a spacious open concept floorplan this makes family and friend gatherings easy, and a separate formal dining room for any family occasion. The master bedroom offers a HUGE walk-in closet that makes the perfect space, and the private balcony where you can enjoy your morning coffee or evening drinks. This home left no stone unturned during the building process and it really shows. The neighborhood has so much to offer also! Within walking distance there is River Ranch, a Texas Horse Ranch where you can enjoy horse riding lessons and tour the Ranch to explore all of their services! This home and neighborhood will have so much to offer you and your family.

Investor Tools

Property Icon
$424,560
Estimated Property Value
$260,000Estimated Mortgage Balance
$178,022Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,547 /month
Positive
Cash Flow Estimate:
$849 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$968/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,489
$424,560
2025
$55,000
$369,560
$424,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,489
$424,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of Desoto Na
Open End Mortgage / Open End With Future Advance Clause
$260,000
No
First
Jul 24, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,538
$178,022
41%
58%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,559/mo
+$1,013/mo
7.3%

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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702 Elkhart Ave | Property Details | No Agent List