PENDING

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$395,000

Listing Price

6beds

4baths

3,416sqft

12,989sqft lot

12517 Hornbeam Dr, Dallas, TX 75243

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Pending

Off Market

Multi-Family

Home type

--

Price / sqft

1977

Year built

Home Details

FIXER UPPER DUPLEX. Cash-flowing from day one! Future Airbnb potential. No HOA, priced under market value for a quick sale. Calling all Investors: Instant equity with immediate income!nnThis rare, full-sized duplex at 12517 Hornbeam Drive offers an incredible opportunity to build instant equity while collecting rent. Spanning a massive 3,416 sq. ft. with a highly desirable 6-bedroom, 4-bathroom footprint (ideal 3 bed, 2 bath layout per side), the property is currently tenant-occupied and bringing in $2,900 per month in gross rent.nnPriced aggressively for a fast sale, this property boasts massive upside. Collect your immediate income while planning your cosmetic rehab to force appreciation. Whether you are looking to flip for a solid margin (estimated ARV in the high $500s) or hold and bump the current below-market rents to create a lucrative cash-flow machine (projected market rents of $5,000+ per month), the numbers make sense.nnPlease do not disturb tenants. Showings require 24-hour notice (or showings granted with an accepted offer). No blind offers. Proof of funds required with all offers. Seller will not make any repairs.nnProperty Highlights:nImmediate Income: Currently generating $2,900 a month, allowing you to cash-flow from day one while you plan your updates.nMassive Footprint: 3,416 sq. ft. of living space offering generously sized rooms and living areas.nValue-Add Canvas: Needs TLC and cosmetic rehab-perfect for forcing appreciation and eventually raising rents t

Interior Details

Square Feet
  • 3416

Bedrooms
  • 6

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 12989

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Duplex Single

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$9,118

$50,000

$250,000

--%

$300,000

2019

$9,118

$50,000

$270,910

--%

$320,910

2018

$6,314

$50,000

$163,820

--%

$213,820

2017

$6,045

$50,000

$163,820

--%

$213,820

2016

$6,045

$50,000

$163,820

--%

$213,820

2014

$5,442

$50,000

$145,000

--%

$195,000

2013

$5,422

$50,000

$145,000

--%

$195,000

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Average Home Price in 75243

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
395,000
$
Down payment
79,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,370
$
HOA (Monthly)
0
$
PMI
0
$
$2,557
Your Payment
Total Monthly Payment:$2,557
Percent of Income:44%
Affordable:No

Details for 12517 HORNBEAM DR

Property Debt

Foreclosure Contact Details