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$821,510

NAL Estimated Property Value

15323 Cypress Hills Dr, Dallas, TX, 75248

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,404 Sq Ft
price_per_sqft$289.1 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size8,819 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820447360000
Lot Number18
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD BLK 34/8189 LOT 18 INT202300100365 DD05192023 CO-DC 8189 034 01800 3008189 034
Census Tract013606
Assessed Land Value$175,000
Assessed Improvement Value$646,510
Assessment Year2025

About this property

Beautifully Updated Prestonwood Home In Desirable Richardson School District. Across From Greenbelt And Jogging Path. Updates Include New Interior And Exterior Paint, New 30 Year Composition Roof, New Low-E Windows, New HVAC System, Laminate Flooring And Custom Tile Baths, New Cabinets With Quartz Counters, Stainless Steel Appliances. Master Suite Has Its Own Fireplace With Large Master Bath, His And Hers Closets, Large Shower With Separate Tub. Large Utility Room. Second Living Area Has Its Own Half Bath And Bar Area With Wine Cooler Leading Out To Covered Patio And Beautiful Pool And Relaxing Backyard. Recently Sodded Back And Front Yard With New Sprinkler System.

Investor Tools

Property Icon
$821,510
Estimated Property Value
$620,857Estimated Mortgage Balance
$200,653Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,929 /month
Positive
Cash Flow Estimate:
$1,643 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,257
$821,510
2025
$175,000
$646,510
$821,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,257
$821,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$657,000
No
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$620,857
$200,653
24%
76%
$3,940/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$3,940/mo
$-1,660/mo
3.3%

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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15323 Cypress Hills Dr | Property Details | No Agent List