B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$703,000

NAL Estimated Property Value

7202 Morton Street, Dallas, TX, 75209

Off Market

3 Beds

2 Bath

1,725 Sq Ft

Single Family Residence

$307.25 / sqft

Built in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker

FlooringWood

Building Information

Year Built1961

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000343009000000

SubdivisionLovers Lane Heights

Land UseResidential

Legal DescriptionLOVERS LANE HEIGHTS BLK 15/4846 LT 30 INT202000350106 DD12112020 CO-DC 4846 015 03000 1004846 015

Census Tract007102

Assessment Year2025

About this property

Immaculate 3 bedroom, 2 bath conveniently located just blocks from Inwood Village's many shops and restaurants. Only 10 minutes from the Medical District, Love Field Airport and downtown Dallas. Open floor plan with gas fireplace is great for entertaining. Island kitchen with gas cooktop and double oven. New HVAC & KitchenAid refrigerator installed in 2019. Wood floors throughout. Master bedroom includes an enormous walk in closet. Laundry room with sink. Beautifully landscaped backyard with covered patio. Attached 2 car garage with side entry. Large 3rd bedroom also perfect for a home office.

Investor Tools

$703,000

Estimated Property Value

$370,787Estimated Mortgage Balance

$332,213Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,218 /month

Positive

Cash Flow Estimate:

$1,406 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,075/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,390

$648,690

2025

N/A

$648,690

Tax History

Year

Tax Paid

Assessed Value

2024

$9,390

$648,690

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Conventional

$414,000

First

Dec 11, 2020

Jan 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$370,787

$332,213

47%

53%

$2,483/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,370/mo

$2,483/mo

$-113/mo

4.0%

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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