B+

NoAgentList RatingHow are grades calculated?

1Days on Market

4view

$179,000

1333 Springlake Dr, Dallas, TX, 75217

$194,532 ARV

On Market

Just Added

3 Beds

1 Bath

2,001 Sq Ft

Single Family Residence

$89.46 / sqft

Built in 1955

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Heating Central

Cooling

AppliancesDishwasher, Gas Cooktop, Double Oven, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Lot Size7,580 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Land Information

APN00000545794000000

Lot Number7

SubdivisionPiedmont Park Sec 2

Land UseResidential

Legal DescriptionPIEDMONT PARK 2 BLK 11/6236 LOT 7 VOL89132/2633 ND063089 CO-DALLAS 6236 011 00700 3006236 011

Census Tract009103

Assessed Land Value$60,000

Assessed Improvement Value$188,080

Assessment Year2025

About this property

Spacious Piedmont Park home offering exceptional potential and being sold as-is. The original portion of the home features a pier-and-beam foundation, while the addition is built on a slab foundation. The generously sized eat-in kitchen is equipped with stainless steel appliances, a gas cooktop, dishwasher, kitchen island, and granite countertops. Enjoy outdoor living on the large, covered back porch. A separate 384-square-foot shop provides excellent space for storage, a workshop, or other flexible uses.

Investor Tools

$0Estimated Mortgage Balance

$256,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$194,531

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,536 /month

Positive

Cash Flow Estimate:

$512 /month

Interested in this property?

Jim Costello

Costello & Associates

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$408/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$248,080

2025

$60,000

$188,080

$248,080

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$248,080

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$256,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

N/A

+$1,972/mo

9.2%

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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