$389,000
NAL Estimated Property Value8418 Old Homestead Drive, Dallas, TX, 75217
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Cooktop, Other, Plumbed For Ice Maker
FlooringCeramic Tile
Exterior
Exterior FeaturesStorage
Lot Size18,720 sqft
Building Information
Year Built1950
Stories1
Roof Type105
Garage Spaces3
Land Information
APN00000569773000000
Lot Number12
SubdivisionWm B Elam Survey Abstract #441
Land UseResidential
Legal DescriptionBLK 6345 BLK 6345 LT 12 INT202100034196 DD02012021 CO-DC 6345 000 01200 3006345 000
Census Tract009202
Assessed Land Value$66,000
Assessed Improvement Value$323,000
Assessment Year2025
About this property
WOW COME AND SEE THIS BEAUTIFUL HOME INSIDE NICE CERAMIC TITLES THROUGH OUT THE WHOLE HOME LARGE BACK YARD, YOU HAVE TO COME AND SEE THIS TO RELLY APPRECIATE IT. THIS HOME IS 4 BEDROOM AND 2 FULL BATHS WITH A STORAGE ON THE BACK
Investor Tools
$389,000
Estimated Property Value
$220,723Estimated Mortgage Balance
$168,277Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,041
$389,000
2025
$66,000
$323,000
$389,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,041
$389,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$245,471
Yes
First
Feb 1, 2021
Mar 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,723
$168,277
43%
57%
$1,472/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,472/mo
+$1,100/mo
7.9%
