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$1,759,670

NAL Estimated Property Value

11714 Parwen Drive, Dallas, TX, 75230

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,706 Sq Ft
price_per_sqft$191.03 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Marble

Exterior

Exterior FeaturesRain Gutters
Lot Size15,372 sqft

Building Information

Year Built1981
Stories1
Roof Type111
Garage Spaces3

Land Information

APN00000730938400000
Lot Number9
SubdivisionForest Place
Land UseResidential
Legal DescriptionFOREST PLACE BLK 6/7405 LT 9 INT202000268728 DD09302020 CO-DC 7405 006 00900 1007405 006
Census Tract013300
Assessed Land Value$737,860
Assessed Improvement Value$1,021,810
Assessment Year2025

About this property

Lake view transitional contemporary in Forest Place with high ceilings, huge rooms and tremendous potential. Main level has 10 foot ceilings, two large living rooms,formal dining, a spacious kitchen and breakfast or keeping rm, two half baths, a wet bar and a generous master suite. Upstairs, two guest bedrooms share an updated bath and a separate study with closets can serve as a fourth bedroom when needed. Over 4,700 square feet on .36 acres plus a three car garage, circle drive with porte cochere and two outdoor terraces. Large yard can be fenced for pets and pool! Beautifully sited on an elevated lot overlooking the lake.

Investor Tools

Property Icon
$1,759,670
Estimated Property Value
$637,409Estimated Mortgage Balance
$1,122,261Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,558 /month
Positive
Cash Flow Estimate:
$3,519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,498/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,175
$1,759,670
2025
$737,860
$1,021,810
$1,759,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,175
$1,759,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$716,000
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$637,409
$1,122,261
63%
36%
$4,293/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$5,063/mo
$-2,491/mo
1.8%

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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11714 Parwen Drive | Property Details | No Agent List