556 Josephine St Dallas, TX 75246

2 beds · 2 baths · 1,406 sq ft · Lot Size: 3,023 sq ft · Single Family Home · Old East Dallas
Est. Property Value: $329,382

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

556 Josephine St is in the Old East Dallas neighborhood of Dallas, TX. It is located in Dallas County and ZIP code 75246. This Single Family Home was built in 1985 and is approximately 40 years old. The single family home spans 1406 sq ft with 2 bedrooms and 2 bathrooms and sits on a 3023 sq ft lot. According to public records, it was last sold in 2017 for $147,076 and has a tax-assessed value of $313,430, which is $234 per sq ft. The Old East Dallas area of Dallas has 1297 residential homes with an average size of 1569 sq ft. Analyze and compare real estate investment strategies for properties like this home at 556 Josephine St Dallas, TX 75246 with Property Intel by Whitepages.

556 Josephine St

Dallas, TX 75246

Neighborhood

Owners & Occupancy for 556 Josephine St

No contact information is available.

Occupancy

Resident 1*********** age 59
Resident 2******************* age 61

Property Financials for 556 Josephine St

556 Josephine St, Dallas, TX has a mortgage from Affirm Hm Lns (orig. September 22, 2020). The Dallas county assessment for 2024 values it at $313,430, with annual taxes of $7,005.

Mortgage & Equity Information

Loan Amount$******
LenderAffirm Hm Lns
Origination DateSeptember 22, 2020
Interest Rate****%
Term20 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateDecember 28, 2017
Property Tax Amount$7,005 in 2024
Purchase Price$147,076
Assessed Value$313,430 on 2024

Investment Potential for 556 Josephine St

The property has a current estimated value of $329,382, which is 30% below the neighborhood median, based on public records. It last sold on December 28, 2017 for $147K. Projected long-term
is $25,200 annually ($2,100 per month) with a 83% occupancy rate.

Discover more Single Family Homes in Old East Dallas.

Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
83%in 75246 zip code
 
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Property Details for 556 Josephine St

Property Details

Property Sq Ft

Living Area

1,406 sq ft

10% below market

Lot Size

3,023 sq ft

1% above market

Price Per Sq Ft

Living Area

$234 / sq ft

21% below market

Lot Size Area

$109 / sq ft

31% below market

Property condition, age, exterior, etc. for 556 Joseph…
Longitude: -96.77353 Latitude: 32.792816 Parcel Number (APN): 00-07980-A00-038-0000…

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Discover more single family homes near 556 Josephine St in Dallas, Texas. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 556 Josephine St in Dallas County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$329,382
$167,923
$161,460 (96%)
YoY Price Change
Year Built
1985
1959
26 years
Living Space
1,406 sq ft
1,112 sq ft
294 (26%)
$ Per Living Sq Ft
$234
$153
$81 (53%)
Lot Size
3,023 sq ft
7,200 sq ft
-4177 (-58%)
$ Per Lot Sq Ft
$109
$22
$87 (396%)

Net Operating Income
$13,921
-$1,493 (-11%)
Annual Revenue
$25,200
$21,600
$3,600 (17%)
$7,036
$5,736 (82%)
Net Operating Income
$13,921
-$1,493 (-11%)
Cap Rate
7.85%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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