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$510,000

NAL Estimated Property Value

818 S Edgefield Avenue, Dallas, TX, 75208

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,038 Sq Ft
price_per_sqft$245.34 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,539 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000274942000000
Lot Number17
SubdivisionMelrose
Land UseResidential
Legal DescriptionMELROSE BLK 1/3491 LT 17 INT202000081109 DD03192020 CO-DC 3491 001 01700 2003491 001
Census Tract005100
Assessed Land Value$200,000
Assessed Improvement Value$266,310
Assessment Year2025

About this property

Thoughtfully built and designed to mirror a true 1930's Craftsman, this New Construction home brought to you by Propel Build is sure to impress! The large front porch invites you into an open and airy space with high ceilings and great natural light. The living room features a brick wood-burning fireplace and opens up to a gorgeous custom kitchen with soft-close guides. Other noteworthy features include a motorized gate from the alley leading into the rear entry garage, full irrigation system, foam insulation, custom millwork and wainscoting, 3 beds + a study, leathered countertops bathrooms, built-ins in the master closet, high-end fixtures and much more!

Investor Tools

Property Icon
$510,000
Estimated Property Value
$416,651Estimated Mortgage Balance
$93,349Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$863/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,806
$466,310
2025
$200,000
$266,310
$466,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,806
$466,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Capital Funding Corp
Conventional
$458,000
No
First
Aug 2, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,651
$93,349
18%
82%
$2,746/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,746/mo
$-774/mo
4.6%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
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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818 S Edgefield Avenue | Property Details | No Agent List