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$264,540

NAL Estimated Property Value

1331 Oak Meadows Drive, Dallas, TX, 75232

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,710 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.8 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size7,792 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000500365000000
Lot Number25
SubdivisionHighland Oaks 3 Inst 2
Land UseResidential
Legal DescriptionHIGHLAND OAKS 3 INST 2 BLK 11/6048 LT 25 INT202100189990 DD06232021 CO-DC 6048 011 02500 2006048 011
Census Tract011003
Assessed Land Value$60,000
Assessed Improvement Value$204,540
Assessment Year2025

About this property

Located in the Highland Oaks Subdivision with quick access to Hwy. 67 is this classic home full of character! This is a quiet serene community where the pride of home ownership is apparent. This home is extremely comfortable, cozy and welcoming with its interior room layout, custom drapery, gallery style kitchen, wood-burning fireplace and large entertainment area that opens to a large, covered patio for fun and leisure. Also, worth mentioning are the solar panels and storm windows saving tons in energy cost.

Investor Tools

Property Icon
$264,540
Estimated Property Value
$204,658Estimated Mortgage Balance
$59,882Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,587 /month
Positive
Cash Flow Estimate:
$529 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,913
$264,540
2025
$60,000
$204,540
$264,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,913
$264,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$225,834
Yes
First
Jun 23, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,658
$59,882
22%
77%
$1,354/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,354/mo
+$618/mo
8.9%

City: Dallas

1331 Oak Meadows Drive | Property Details | No Agent List