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$486,000

1407 Oates Dr, Dallas, TX, 75228

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$284.03 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,536 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000728905000000
Lot Number1
SubdivisionAsh Creek
Land UseResidential
Legal DescriptionASH CREEK ESTATES NO 3 BLK 1/7398 LT 1 LESS 2181 SQ FT OATES DR & BUCKNER BLVD INT202400083111 DD04252024 CO-DC 7398 001
Census Tract012400
Assessed Land Value$105,360
Assessed Improvement Value$324,210
Assessment Year2025

About this property

Completely renovated mid-century home in the desirable Ashcreek East Dallas area. Only 4 minutes from the Arboretum, 13 minutes to the heart of Downtown Dallas! Incredible Creekview lot with stately trees & a huge deck to enjoy the view! Uniquely situated next to all that the city has to offer but with the serenity of nature right in your backyard! This house provides the modern finishes & upgrades of a new house but with the character, location & trees that are hard to find. You will love the window seats, Wood floors, cedar beams & custom wood stairs! The kitchen features beautiful quartz CT & new SS appliances replaced (2021). Efficient floorplan that fits everything in-including an office! Coffee-wine lovers enjoy the wetbar with cabinetry, fridge & disposal. Low e vinyl windows replaced in 2022 (all but 1!) Entire HVAC replaced in 2022 with 14+ Seer units. Gabion retaining wall just installed backing up to the creek. Owner upgrades galore! Come see this charming Dallas home!

Investor Tools

Property Icon
$486,000
Estimated Property Value
$482,403Estimated Mortgage Balance
$21,686Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$795/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,112
$429,570
2025
$105,360
$324,210
$429,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,112
$429,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$482,403
Yes
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,314
$21,686
4%
96%
$2,893/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,893/mo
$-921/mo
4.9%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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1407 Oates Dr | Property Details | No Agent List