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$1,841,320

NAL Estimated Property Value

7531 Morton Street, Dallas, TX, 75209

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,374 Sq Ft
price_per_sqft$429.76 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Gas Cooktop, Microwave
FlooringWood

Exterior

Lot Size7,500 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000342643000000
Lot Number2
SubdivisionLovers Lane Heights
Land UseResidential
Legal DescriptionLOVERS LANE HEIGHTS BLK 10/4841 LT 2 MORTON ST INT202200274194 DD10132022 CO-DC 4841 010 00200 1004841 010
Census Tract007102
Assessed Land Value$500,000
Assessed Improvement Value$1,341,320
Assessment Year2025

About this property

New construction by Olerio Homes in Lovers Lane Heights with a 3 CAR GARAGE! This 4 bedroom 4.1 bath home will be ready for occupancy Spring of 2022! The gorgeous, timeless exterior with custom steel entry doors welcomes you into a transitional interior with Level 4 slick finish dry wall. The home also boasts Kitchen Aid Appliances, Marvin Windows & Doors, Walker Zanger tile, Visual Comfort lighting and Kohler fixtures. The location cannot be beat!! It is within walking distance to shopping and dining and is minutes from Dallas North Tollway & Love Field!

Investor Tools

Property Icon
$1,841,320
Estimated Property Value
$1,082,865Estimated Mortgage Balance
$758,455Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,048 /month
Positive
Cash Flow Estimate:
$3,683 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,560
$1,841,320
2025
$500,000
$1,341,320
$1,841,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,560
$1,841,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$1,160,000
No
First
Oct 13, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,082,865
$758,455
41%
59%
$6,955/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,090/mo
$6,955/mo
$-3,865/mo
2.0%

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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Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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7531 Morton Street | Property Details | No Agent List