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$1,072,000

NAL Estimated Property Value

720 Nesbitt Dr, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,297 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.38 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Range, Gas Range, Indoor Grill, Microwave, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,407 sqft

Building Information

Year Built1925
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00000183265000000
Land UseResidential
Legal DescriptionMUNGER PLACE HEIGHTS 40 FT 11 & 12.5 FT 12 NESBITT INT202000052657 DD02202020 CO-DC 1884 005 01100 1001884 005
Census Tract001400
Assessed Land Value$148,140
Assessed Improvement Value$684,880
Assessment Year2025

About this property

Historic Munger Place Heights home in conservation district. This approximate 3300 sq. ft. craftsman with 4 or 5 bedrooms and 2 or 3 living areas has been renovated and thoughtfully restored with its Gothic Tudor doorways, original Rook wood fireplace with gas insert, hardwoods and original windows. Updated kitchen with Thermador gas cook top and oven, Advantium GE convection oven and farm sink. This energy efficient historic home has tankless water heaters and blown on attic insulation. Electric gate leading to detached 2 car garage with work shop. Two outside entertainment areas including a rear, attached private deck and front covered porch for social gatherings in this family friendly neighborhood.

Investor Tools

Property Icon
$1,072,000
Estimated Property Value
$447,857Estimated Mortgage Balance
$624,143Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,432 /month
Positive
Cash Flow Estimate:
$2,144 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,728
$833,020
2025
$148,140
$684,880
$833,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,728
$833,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Security Bank
Conventional
$510,400
No
First
Feb 20, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,857
$624,143
58%
42%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$3,061/mo
$-181/mo
3.2%

City: Dallas

720 Nesbitt Dr | Property Details | No Agent List