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Owner Contacts

$832,000

NAL Estimated Property Value

703 Newell Avenue, Dallas, TX, 75223

Off Market

3 Beds

2 Bath

1,786 Sq Ft

$298.99 / sqft

Built in 1926

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

FlooringWood

Exterior

Exterior FeaturesRain Gutters, Storage

Lot Size7,150 sqft

Building Information

Year Built1926

Stories1

Roof Type105

Land Information

APN00000227386000000

Lot Number7

SubdivisionSanta Monica

Land UseResidential

Legal DescriptionSANTA MONICA BLK 5/2718 LT 7 INT201900122432 DD05132019 CO-DC 2718 005 00700 3DA2718 005

Census Tract001202

Assessed Land Value$286,000

Assessed Improvement Value$433,190

Assessment Year2025

About this property

Hollywood Heights Tudor w covered porch & open floorplan. Front living rm is adjacent the family rm w open kitchen layout. Chef’s kitchen, updated in 2017, features quartz counters, stainless appliances, Wolf gas cooktop, bkfst bar & walk-in pantry. Large master, 2 guest rms & 2 full baths. Breakfast rm opens to morning rm & overlooks the fabulous covered outdoor living space w vaulted ceilings, built in heaters, television wiring, pergola w blooming vines plus rm for dining table, lounge furniture & grill area. Plenty of grass for dog or play area & privacy fence. Classic home w hardwoods & architectural charm all conveniently located near parks, Lakewood Elem & entertainment at Lakewood Shopping Center.

Investor Tools

$832,000

Estimated Property Value

$406,632Estimated Mortgage Balance

$425,368Estimated Equity

51% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,992 /month

Positive

Cash Flow Estimate:

$1,664 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,300/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,442

$719,190

2025

$286,000

$433,190

$719,190

Tax History

Year

Tax Paid

Assessed Value

2024

$11,442

$719,190

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$472,500

First

May 13, 2019

Jun 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$406,632

$425,368

51%

49%

$2,833/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,833/mo

$-861/mo

2.8%

Learn About the Market: Opportunity in Dallas

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