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$207,570

NAL Estimated Property Value

940 Carom Way, Dallas, TX, 75217

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,132 Sq Ft
price_per_sqft$179.33 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size6,070 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces1

Land Information

APN0066890D000100000
Lot Number10
SubdivisionForest Grove #6
Land UseResidential
Legal DescriptionFOREST GROVE #6 BLK D/6689 LT 10 VOL95231/0447 DD112295 CO-DALLAS 6689 00D 010 3006689 00D
Census Tract011801
Assessed Land Value$65,000
Assessed Improvement Value$142,570
Assessment Year2025

About this property

Welcome to 940 Carom Way in Dallas, Texas—a charming 3-bedroom, 1-bathroom home that blends comfort, character, and convenience in one of Dallas' most accessible neighborhoods. Whether you're a first-time buyer or looking to expand your investment portfolio, this move-in ready gem is full of potential. Inside, you'll find a warm and inviting living space filled with natural light, perfect for relaxing evenings or hosting family and friends. The kitchen offers plenty of cabinet and counter space, creating a functional and welcoming environment for everyday meals or entertaining. Each bedroom is well-sized with ample light, offering flexibility for a primary suite, guest room, home office, or playroom. The bathroom is tastefully updated, providing a clean and modern touch. Located just minutes from Downtown Dallas, this property puts you close to the heart of the city while offering a peaceful residential setting. Commuters will appreciate the quick access to I-20, I-45, and US-175, making travel across the metroplex easy and efficient. Outdoor lovers can enjoy nearby Crawford Memorial Park, which offers scenic walking trails, sports fields, and green spaces for weekend fun. The home is situated in the Dallas Independent School District, with schools like Kleberg Elementary, Seagoville Middle, and Seagoville High serving the area. You're also near plenty of local dining spots, grocery stores, and retail centers, including Town East Mall and The Shops at Park Lane. The spacious backyard is ideal for gatherings, pets, or your future garden, and the private driveway offers convenient off-street parking. Whether you're looking to settle down or invest smart, 940 Carom Way offers a great opportunity to own a piece of Dallas in a growing and accessible location. Schedule your showing today—this home won’t last long.

Investor Tools

Property Icon
$207,570
Estimated Property Value
$150,117Estimated Mortgage Balance
$57,453Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,245 /month
Positive
Cash Flow Estimate:
$415 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$207,570
2025
$65,000
$142,570
$207,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$207,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Fha
$152,116
Yes
First
Aug 12, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,117
$57,453
27%
72%
$913/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$913/mo
+$1,059/mo
11.4%

City: Dallas

940 Carom Way | Property Details | No Agent List