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$490,000

NAL Estimated Property Value

11231 Mccree Road, Dallas, TX, 75238

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.36 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave
FlooringTile, Vinyl

Exterior

Lot Size16,317 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000738826000000
Lot Number6
SubdivisionLakeland Hills No 2
Land UseResidential
Legal DescriptionLAKELAND HILLS NO 2 BLK 15/7487 LOT 6 INT202400114108 DD05202024 CO-DC 7487 015 00600 3007487 015
Census Tract013011
Assessed Land Value$192,500
Assessed Improvement Value$297,500
Assessment Year2025

About this property

Brand new renovation and packed with designer upgrades that are almost impossible to find at this price point. From the painted brick exterior with custom arched wood accents to the show-stopping kitchen featuring a Viking gas range, farmhouse sink, and deep navy custom cabinetry, every inch was intentionally designed. And not included in the photos is a massive walk-in butler's pantry with custom navy cabinetry, copper hardware, butcher block counters, a marble slab backsplash, and live-edge open shelving.The vaulted living room is a true statement with exposed beams, a wood-slat tray ceiling, sputnik chandelier, and a striking accent wall with built-ins. The primary suite delivers a spa-level bathroom with a frameless glass walk-in shower wrapped in dramatic marbled tile, plus a dream walk-in closet and bonus room with skylights adds incredible flex space with it's own private back yard entrance. Outside, enjoy an oversized covered patio with vaulted stained-wood, mature shade trees, and a large fenced yard. Move-in ready and genuinely one of a kind!

Investor Tools

Property Icon
$490,000
Estimated Property Value
$288,462Estimated Mortgage Balance
$201,538Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,779 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,872
$490,000
2025
$192,500
$297,500
$490,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,872
$490,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$299,700
No
First
May 20, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,462
$201,538
41%
59%
$1,797/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,797/mo
+$175/mo
4.8%

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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