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Owner Contacts

$253,000

1237 Wagon Wheels Trl, Dallas, TX, 75241

Off Market

3 Beds

2 Bath

1,623 Sq Ft

Single Family Residence

$129.39 / sqft

Built in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher

Exterior

Lot Size8,343 sqft

Building Information

Year Built1962

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000646498000000

Lot Number5

SubdivisionGlenview

Land UseResidential

Legal DescriptionGLENVIEW BLK 1/6900 LOT 5 VOL91116/0131 DD10061989 CO-DC 6900 001 00500 2006900 001

Census Tract011300

Assessed Land Value$55,000

Assessed Improvement Value$174,920

Assessment Year2025

About this property

Great Investment property. This home has been kept well and loved and you can tell the moment you walk in, notice the beautiful and well maintained hardwood floors. This is a great fix and flip, or even better for the handymen, this is a perfect first time buyer home that has excellent bones, but needs a little love and a fresh touch to liven it up. Consider the possibilities, close to I35, Dallas Zoo, Deep Ellum, Love Field Airport, all the places you can easily access from this home. Estimated rent value is $2109 monthly. Open House Sunday, May 4th 12 PM-2 PM only

Investor Tools

$253,000

Estimated Property Value

$246,392Estimated Mortgage Balance

$685Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,518 /month

Positive

Cash Flow Estimate:

$506 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$147/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$505

$229,920

2025

$55,000

$174,920

$229,920

Tax History

Year

Tax Paid

Assessed Value

2024

$505

$229,920

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Fha

$246,392

Yes

First

Jan 5, 2026

Feb 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$252,315

$685

100%

$1,523/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,523/mo

+$449/mo

9.4%

Learn About the Market: Opportunity in Dallas

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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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