NoAgentList RatingHow are grades calculated?

7view

Owner Contacts

$966,000

NAL Estimated Property Value

707 Clermont, Dallas, TX, 75223

Off Market

3 Beds

3 Bath

2,536 Sq Ft

Single Family Residence

$255.13 / sqft

Built in 1941

Property Lead Type:

Off-Market ListHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater

FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size6,516 sqft

Building Information

Year Built1941

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000206236000000

Lot Number20

SubdivisionHollywood Revised

Land UseResidential

Legal DescriptionHOLLYWOOD REVISED BLK 5/2213 LT 20 INT201900135898 DD05242019 CO-DC 2213 005 02000 1002213 005

Census Tract001203

Assessed Land Value$293,220

Assessed Improvement Value$486,050

Assessment Year2025

About this property

Situated in the heart of historic Hollywood Heights, 3 bedroom, 3 bath classic Tudor is just blocks from the Santa Fe Trail and Lakewood Country Club. Built by the founder of Hollywood Heights, J. B. Salmon, for his daughter Margaret O'Rourke, this home is full of history. The original hardwoods, high ceilings and abundance of windows create an open and airy feel. While the master suite, office and guest bath are downstairs, the beautiful upstairs addition offers 2 more bedrooms , second living space! Enjoy relaxing evenings on the spacious deck under a retractable lighted Sun Setter awning. A truly special home in a sought after Lakewood Elementary neighborhood! Remodeled kitchen, updated appliances & HVAC.

Investor Tools

$966,000

Estimated Property Value

$427,282Estimated Mortgage Balance

$538,718Estimated Equity

55% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,796 /month

Positive

Cash Flow Estimate:

$1,932 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,378/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,709

$779,270

2025

$293,220

$486,050

$779,270

Tax History

Year

Tax Paid

Assessed Value

2024

$11,709

$779,270

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Bank

Conventional

$491,400

First

May 22, 2020

Jun 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$427,282

$538,718

55%

44%

$2,139/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,139/mo

$-167/mo

2.4%

Learn About the Market: Opportunity in Dallas

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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.

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