B+

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Owner Contacts

$161,000

8026 Racine Dr, Dallas, TX, 75232

Off Market

3 Beds

1 Bath

918 Sq Ft

Single Family Residence

$175.38 / sqft

Built in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Range, Vented Exhaust Fan

FlooringCarpet, Vinyl

Exterior

Lot Size7,576 sqft

Building Information

Year Built1961

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000746305000000

Lot Number7

SubdivisionPolk Terrace

Land UseResidential

Legal DescriptionPOLK TERRACE 11 BLOCK H/7525 LOT 7 INT202100138234 DD04272021 CO-DC 7525 00H 00700 2007525 00H

Census Tract011104

Assessed Land Value$50,000

Assessed Improvement Value$113,440

Assessment Year2025

About this property

3-1-1 With a big backyard and nicely updated bathroom. This property is offered AS-IS, seller to make no repairs. The garage door has been removed and replaced with a wall and exterior door, however the garage space has not been converted to living area and is not figured into the living space square footage.

Investor Tools

$163,440

Estimated Property Value

$0Estimated Mortgage Balance

$163,440Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$981 /month

Positive

Cash Flow Estimate:

$327 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$70/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$22

$163,440

2025

$50,000

$113,440

$163,440

No

Tax History

Year

Tax Paid

Assessed Value

2024

$22

$163,440

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$163,440

100%

0%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

N/A

+$1,565/mo

11.5%

Learn About the Market: Opportunity in Dallas

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