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Owner Contacts

$495,000

NAL Estimated Property Value

8632 Redondo Dr, Dallas, TX, 75218

Off Market

3 Beds

1 Bath

856 Sq Ft

$584.11 / sqft

Built in 1950

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size7,629 sqft

Building Information

Year Built1950

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000368983000000

Lot Number8

SubdivisionLake

Land UseResidential

Legal DescriptionLAKE CREST BLK 5/5226 LOT 8 VOL90216/1333 EX102990 CO-DALLAS 5226 005 00800 3005226 005

Census Tract008102

Assessed Land Value$350,000

Assessed Improvement Value$131,820

Assessment Year2025

About this property

ATTENTION ALL BUILDERS OR THOSE SEEKING TO BUILD IN A GREAT LOCATION NEAR WHITE ROCK LAKE!The property is located in the highly sought after Lake Crest area near White Rock Lake! It is a great opportunity to tear down the existing home and build the home of your dreams in a great location.Lot is 50X150.

Investor Tools

$495,000

Estimated Property Value

$100,197Estimated Mortgage Balance

$394,803Estimated Equity

79% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,000 /month

Positive

Cash Flow Estimate:

$1,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,100/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,729

$481,820

2025

$350,000

$131,820

$481,820

Tax History

Year

Tax Paid

Assessed Value

2025

$10,729

$481,820

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Patrons Bank Na

Conventional

$166,330

First

Jan 21, 2010

Jul 2010

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$100,197

$394,803

79%

20%

$998/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$998/mo

+$1,082/mo

5.0%

Learn About the Market: Opportunity in Dallas

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