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$307,000

NAL Estimated Property Value

1515 Oak Meadows Dr, Dallas, TX, 75232

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,654 Sq Ft
price_per_sqft$187.42 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

BankruptcyPre-ForeclosureOff-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
AppliancesNone
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size8,341 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000500407000000
Lot Number39
SubdivisionHighland Oaks 3 Inst 2
Land UseResidential
Legal DescriptionHIGHLAND OAKS 3 INST 2 BLK 11/6048 LT 39 INT202500010138 DD01072025 CO-DC 6048 011 03900 2006048 011
Census Tract011003
Assessed Land Value$60,000
Assessed Improvement Value$203,150
Assessment Year2025

About this property

Modern Renovation with Solar Savings Welcome to this fully renovated 3-bedroom, 2.5-bath home in a quiet, established Dallas neighborhood. Stylish updates and energy-efficient upgrades make this property a rare find. Inside, enjoy open living spaces with new flooring, fresh paint, and sleek modern finishes throughout. The bathrooms have been completely remodeled and now feature quartz countertops, matte black fixtures, and custom vanities—as shown in the photo. The kitchen includes stainless steel appliances, ample cabinetry, and a layout that’s both functional and beautiful. One of the standout features of this home is its installed solar panel system, offering long-term energy savings, lower utility bills, and a reduced carbon footprint. Solar power increases home efficiency and value while protecting you from rising electricity costs—a smart and sustainable investment. With three spacious bedrooms, two full bathrooms, and a convenient half bath for guests, this home is designed for both comfort and practicality. The updated systems and low-maintenance finishes make it truly move-in ready. Don’t miss this opportunity to own a stylish, energy-smart home in a prime Dallas location.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$297,790Estimated Mortgage Balance
$9,210Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$204
$263,150
2025
$60,000
$203,150
$263,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$204
$263,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$297,790
No
First
May 1, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,790
$9,210
3%
97%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
7.7%

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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1515 Oak Meadows Dr | Property Details | No Agent List