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Owner Contacts

$418,000

NAL Estimated Property Value

12351 High Meadow Place, Dallas, TX, 75234

Off Market

3 Beds

2 Bath

1,848 Sq Ft

Single Family Residence

$132.03 / sqft

Built in 1962

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Gas Range

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage

Lot Size11,873 sqft

Building Information

Year Built1962

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000807970000000

Lot Number28

SubdivisionForest Ridge North

Land UseResidential

Legal DescriptionFOREST RIDGE NORTH BLK A/8384 LT 28 INT201900295493 DD10302019 CO-DC 8384 00A 02800 1DA8384 00A

Census Tract009605

Assessed Land Value$97,750

Assessed Improvement Value$252,180

Assessment Year2025

About this property

This home is full of potential! Being sold AS IS, needs a lot of Interior Cosmetic Repair. Foundation and plumbing repairs already completed by the Seller. Located in a well maintained neighborhood on a large .25 acre lot in a culdesac. Home features a split bedroom floor plan with the master down and two spacious bedrooms upstairs. The large jack and Jill bath upstairs is great for big families, because it features a double vanity, with a bath tub shower combo on one end, and separate large walk-in shower on the other end. The large covered concrete patio is great for gatherings or relaxing on those hot summer days. Large shed great for additional storage or a small workshop

Investor Tools

$418,000

Estimated Property Value

$203,739Estimated Mortgage Balance

$214,261Estimated Equity

51% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,508 /month

Positive

Cash Flow Estimate:

$836 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$826/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,821

$349,930

2025

$97,750

$252,180

$349,930

Tax History

Year

Tax Paid

Assessed Value

2024

$7,821

$349,930

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Conventional

$234,175

First

Oct 30, 2019

Nov 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$203,739

$214,261

51%

49%

$1,404/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,990/mo

$1,404/mo

+$586/mo

5.7%

Learn About the Market: Opportunity in Dallas

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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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