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$280,000

707 Korgan St, Dallas, TX, 75216

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,506 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.92 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,743 sqft

Building Information

Year Built1951
Roof Type105
Garage Spaces1

Land Information

APN00000287737000000
Lot Number24
SubdivisionKorgans Homestead
Land UseResidential
Legal DescriptionKORGANS HOMESTEAD BLK 16/3760 LT 24 INT202500219998 DD10172025 CO-DC 3760 016 02400 2003760 016
Census Tract005400
Assessed Land Value$80,000
Assessed Improvement Value$142,870
Assessment Year2026

About this property

Remodeled 3 bedroom 2 bath home featuring an open concept floor plan and numerous recent updates throughout, this property has been fully gutted and rebuilt with no shortcuts taken, all major systems have been replaced including new plumbing, new electrical, new HVAC System, new roof, pier and beam foundation work -providing peace of mind for next owner, the interior features a bright open layout with updated fixtures finishes and brand new appliances throughout the home, this home might qualify for up to 10,000 grant towards buyer down payment and up to 5,000 towards one time closing cost for appraisal and processing fees ( eligibility applies)

Investor Tools

$183,314Estimated Mortgage Balance
$42,686Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Adriana Rosas

BlueMark, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,443
$222,870
2026
$80,000
$142,870
$222,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,443
$222,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Commercial
$186,600
No
First
Oct 17, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,314
$42,686
18%
81%
$1,119/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,119/mo
+$853/mo
10.5%

City: Dallas

707 Korgan St | Property Details | No Agent List