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$459,000

NAL Estimated Property Value

8905 Covey Court, Dallas, TX, 75238

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,705 Sq Ft
price_per_sqft$216.42 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringLaminate, Other

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000738586000000
SubdivisionLakeland Hills No 1
Land UseResidential
Legal DescriptionLAKELAND HILLS NO 1 BLK 10/7487 LT 33 INT202100236989 DD08062021 CO-DC 7487 010 03300 3007487 010
Census Tract013010
Assessment Year2025

About this property

Come see this beautiful and cozy 3 bedrooms 2 bath home on a quiet and established neighborhood on a CUL DE SAC. House is spacious and has lots of potential. It is located near restaurants, shopping centers and minutes away from WHITE ROCK LAKE, The Dallas Arboretum and 635. Lot size 11,252sqft, landscaping on the front and rear with a large backyard surrounded by an attractive Cedar fence, trees and endless possibilities for outdoor activities to enjoy. Schedule your appointment today.

Investor Tools

Property Icon
$459,000
Estimated Property Value
$301,617Estimated Mortgage Balance
$157,383Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,250
$456,060
2025
N/A
N/A
$456,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,250
$456,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Liberty Bank
Conventional
$331,550
No
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,617
$157,383
34%
66%
$1,988/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,988/mo
$-16/mo
5.2%

City: Dallas

8905 Covey Court | Property Details | No Agent List