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$250,000

8418 Old Homestead Drive, Dallas, TX, 75217

$325,000 ARV

Off Market

4 Beds

2 Bath

2,484 Sq Ft

Single Family Residence

$100.64 / sqft

Built in 1950

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

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

$0Estimated Mortgage Balance

$168,277Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$325,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,334 /month

Positive

Cash Flow Estimate:

$778 /month

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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%

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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