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$1,948,060

NAL Estimated Property Value

11131 Westmere Cir, Dallas, TX, 75230

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,741 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$501.2 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Double Oven, Refrigerator, Wine Cooler
FlooringHardwood

Exterior

Lot Size21,780 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00000704164000000
Lot Number1
SubdivisionWestmere Cir & Royal
Land UseResidential
Legal DescriptionNORTH LAKE ESTATES 2ND INST BLK E/7271 LT 1 WESTMERE CIR & ROYAL CREST INT202200127118 DD05042022 CO-DC 7271 00E 00100
Census Tract013300
Assessed Land Value$1,197,900
Assessed Improvement Value$750,160
Assessment Year2025

About this property

Nestled beneath mature trees on an oversized half-acre lot in the coveted Preston Royal neighborhood, this beautifully updated North Dallas luxury home offers the warmth, flexibility, and convenience buyers seek in a one-story ranch. Located in Dallas ISD and close to many of Dallas’ premier private schools, this exceptional property also provides easy access to the Dallas North Tollway, Central Expressway, Preston Royal, Preston Center, and NorthPark. Designed for both everyday living and entertaining, the thoughtfully designed 3,741 sqft floorplan features hardwood floors throughout, abundant natural light, expansive living spaces, and walls of windows overlooking the backyard. The spacious main living area centers around a classic wood-burning fireplace and flows seamlessly into the dining areas and updated kitchen. The beautifully renovated kitchen features granite countertops, a large center island, Bertazzoni 48” gas range, Viking refrigerator, extensive cabinetry, oversized walk-in pantry, and excellent storage. A wet bar with a large wine refrigerator creates the perfect setup for entertaining family and friends. Currently configured as 4 bedrooms, 4 full baths, and 1 half bath, the flexible floorplan also includes a spacious secondary living area with ensuite bath that could easily function as a 5th bedroom, guest suite, office, playroom, or multigenerational living space. Privately positioned away from the secondary bedrooms, the spacious primary suite with 9’ ceilings is filled with natural light and offers a separate tub and shower, washer and dryer, generous storage, and easy expansion opportunities. The expansive backyard offers room for a future pool while still maintaining substantial green space. Raised garden beds, mature landscaping, and a covered patio create inviting outdoor living spaces. An oversized 3 car garage with extensive storage also offers additional expansion potential.

Investor Tools

Property Icon
$1,948,060
Estimated Property Value
$972,743Estimated Mortgage Balance
$975,317Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,688 /month
Positive
Cash Flow Estimate:
$3,896 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,695/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,600
$1,948,060
2025
$1,197,900
$750,160
$1,948,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$34,600
$1,948,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$1,050,000
No
First
May 4, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$972,743
$975,317
50%
50%
$5,166/mo

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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11131 Westmere Cir | Property Details | No Agent List