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Owner Contacts

$554,000

NAL Estimated Property Value

10205 Mccree Road, Dallas, TX, 75238

Off Market

3 Beds

2 Bath

1,303 Sq Ft

$299.23 / sqft

Built in 1959

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator

FlooringWood

Exterior

Exterior FeaturesRain Gutters

Lot Size10,235 sqft

Building Information

Year Built1959

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000717940000000

Lot Number9

SubdivisionLake Highlands

Land UseResidential

Legal DescriptionLAKE HIGHLANDS ESTATES NO 15 BLK A/7317 LT 9 AT FERNDALE RD INT202100062743 DD03032021 CO-DC 7317 00A 00900 3007317 00A

Census Tract013005

Assessed Land Value$297,500

Assessed Improvement Value$215,390

Assessment Year2025

About this property

Entertainers dream on the L Streets! Lake Highlands Schools. Oversized corner Lot. This bright and open 3 bedroom and 2 bath home features handscraped hardwood floors throughout! Recently remodeled kitchen features Quartz countertops, waterfall island and Bertazzoni gas range to go along with the other built in luxury SS appliances. Step outside to a custom outdoor kitchen featuring grill, sink, wine fridge, and sprawling 20x15 covered patio. HUGE 2.5 car detached garage has electric and plumbing as well as additional covered parking space. Side entry driveway with automatic gate. New windows, tankless water heater, remodeled bathrooms, fresh paint and more.

Investor Tools

$554,000

Estimated Property Value

$301,729Estimated Mortgage Balance

$252,271Estimated Equity

45% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,324 /month

Positive

Cash Flow Estimate:

$1,108 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$926/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,345

$512,890

2025

$297,500

$215,390

$512,890

Tax History

Year

Tax Paid

Assessed Value

2024

$8,345

$512,890

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ark-La-Tex Financial Services Llc

Conventional

$334,900

First

Mar 3, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$301,729

$252,271

45%

54%

$2,008/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,008/mo

$-36/mo

4.3%

Learn About the Market: Opportunity in Dallas

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