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Owner Contacts

$1,722,000

1340 Highland Road, Dallas, TX, 75218

$1,853,314 ARV

Off Market

5 Beds

5 Bath

4,780 Sq Ft

Single Family Residence

$277.2 / sqft

Built in 1951

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Range, Microwave, Vented Exhaust Fan, Gas Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Yard, Storage

Lot Size25,000 sqft

Building Information

Year Built1951

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000371011000000

Lot Number17

SubdivisionForest Hills

Land UseResidential

Legal DescriptionFOREST HILLS BLK 11/5262 LT 17 INT202100047209 DD02162021 CO-DC 5262 011 01700 3DA5262 011

Census Tract008102

Assessed Land Value$451,500

Assessed Improvement Value$1,264,880

Assessment Year2025

About this property

Stunning Forest Hills home on .57ac with 4,780sf just steps from White Rock Lake. First level master suite & 2 add'l bedrooms, each with full bath. Large living area with 10ft wide projector screen, sliding french doors & open kitchen with 5x10' island seating for 6, 2 commercial sinks, 48in range, 54in fridge & freezer, built-in beverage center & large garage-style window that opens to the huge screened-in porch. Porch features a 16ft water & fire feature, speakers, ceiling fans, tv, & space for outdoor living area as well as outdoor dining for 6+ & adjacent grill area with pergola. 2 bedrooms, full bath & 2 living areas up. Remarkable home with too many special features to list! Please see attached Matterport

Investor Tools

$1,722,000

Estimated Property Value

$0Estimated Mortgage Balance

$21,134Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$1,853,314

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,332 /month

Positive

Cash Flow Estimate:

$3,444 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,889/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$26,063

$1,716,380

2025

$451,500

$1,264,880

$1,716,380

Tax History

Year

Tax Paid

Assessed Value

2024

$26,063

$1,716,380

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Conventional

$1,100,750

First

Feb 16, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,700,866

$21,134

99%

$11,037/mo

Learn About the Market: Opportunity in Dallas

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