B+

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Owner Contacts

$279,000

1220 Oak Park Drive, Dallas, TX, 75232

Off Market

3 Beds

2 Bath

1,365 Sq Ft

Single Family Residence

$204.4 / sqft

Built in 1986

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Electric Water Heater

FlooringLaminate, Tile

Exterior

Lot Size7,560 sqft

Building Information

Year Built1986

Stories1

Roof Type105

Garage Spaces2

Land Information

APN0060480X000350000

Lot Number35

SubdivisionOak Park North #2

Land UseResidential

Legal DescriptionOAK PARK NORTH #2 BLK X/6048 LOT 35 ACS 0.1759 72X105X72X105 INT202500051316 DD03112025 CO-DC 6048 X00 03500 4DA6048 X00

Census Tract011003

Assessed Land Value$65,000

Assessed Improvement Value$205,960

Assessment Year2025

About this property

Welcome to this inviting 3-bedroom, 2-bathroom home that combines modern upgrades with cozy charm. Enjoy the updated kitchen with granite counter-tops & stainless steel appliances overlooking the living area for seamless entertaining. Create cozy evenings around the warm & inviting fireplace in the living area. Low-maintenance floors throughout add elegance & durability. Spacious backyard with privacy wood fence makes a perfect area for family BBQ's & relaxation. You'll find two charging stations in the garage, perfect for your electric cars. Roof replaced in 2022 for peace of mind. Less than 10 miles from Downtown Dallas, makes a perfect location for enjoying the entertainment & dining of Dallas.

Investor Tools

$270,960

Estimated Property Value

$0Estimated Mortgage Balance

$5,908Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,674 /month

Positive

Cash Flow Estimate:

$558 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$429/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,797

$270,960

2025

$65,000

$205,960

$270,960

Tax History

Year

Tax Paid

Assessed Value

2024

$3,797

$270,960

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$270,630

First

Mar 11, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$265,052

$5,908

98%

$1,623/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,623/mo

+$349/mo

8.7%

Learn About the Market: Opportunity in Dallas

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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.

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