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Owner Contacts

$392,000

NAL Estimated Property Value

707 Wayne Street, Dallas, TX, 75223

Off Market

3 Beds

2 Bath

1,362 Sq Ft

$249.63 / sqft

Built in 1914

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Vented Exhaust Fan

FlooringCeramic Tile, Laminate

Exterior

Lot Size7,500 sqft

Building Information

Year Built1914

Stories1

Roof Type105

Land Information

APN00000164410000000

Lot Number18

SubdivisionMount Auburn

Land UseResidential

Legal DescriptionMOUNT AUBURN BLK 17/1613 LT 18 WAYNE INT202100230691 DD07192021 CO-DC 1613 017 01800 1001613 017

Census Tract001204

Assessed Land Value$150,000

Assessed Improvement Value$215,000

Assessment Year2025

About this property

Gorgeously renovated & move-in ready in up & coming East Dallas! This fabulous home offers 3 beds & 2 full baths located in Mount Auburn subdivision & sought after Woodrow Wilson HS. So many amazing updates include brand new electrical & plumbing, new siding, fresh exterior & interior paint and 30 yr arch roof. Bright & spacious kitchen is a DREAM! Quartz counters, custom shaker style cabinets, SS appl with gas slide-in range, plenty of cabinets, updated & stylish light fixtures. Gorgeous master bath with over-sized walk-in shower! Spacious utility room with more cabinets & sink. New laminate flooring & tile throughout. Large yard with mature trees. Close to Downtown Dallas, Dallas Arboretum & White Rock Lake!

Investor Tools

$392,000

Estimated Property Value

$250,602Estimated Mortgage Balance

$141,398Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,352 /month

Positive

Cash Flow Estimate:

$784 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$749/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,025

$365,000

2025

$150,000

$215,000

$365,000

Tax History

Year

Tax Paid

Assessed Value

2024

$7,025

$365,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Quicken Loans Llc

Conventional

$276,000

First

Jul 19, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$250,602

$141,398

36%

64%

$1,655/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,655/mo

+$317/mo

6.0%

Learn About the Market: Opportunity in Dallas

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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.

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