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$625,000

15708 Ranchita Dr, Dallas, TX, 75248

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,052 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.58 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringLaminate, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,483 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820008440000
Lot Number23
SubdivisionPrestonwood Creek
Land UseResidential
Legal DescriptionPRESTONWOOD 19 SEC 2 BLK 4/8190 LT 23 INT202500019728 DD01072025 CO-DC 8190 004 02300 3DA8190 004
Census Tract013606
Assessed Land Value$150,000
Assessed Improvement Value$319,380
Assessment Year2025

About this property

Tucked beneath the shade of mature trees, this beautifully cared-for single-story home blends comfort, function, and timeless charm. With 3 spacious bedrooms and 2 baths, the thoughtful layout makes everyday life feel effortless—whether you’re hosting friends, enjoying quiet mornings, or simply settling into the rhythm of home. As you step inside, a long central hallway gracefully guides you through the home, connecting each room along the way and culminating in the living room—where soaring windows bathe the space in natural light and a brick fireplace anchors it with warmth and character. The kitchen, designed with generous cabinetry and an easy flow to the dining area, sets the stage for everything from casual weeknight dinners to holiday gatherings. The primary suite feels like its own retreat, complete with a private en-suite bath and ample closet space. Secondary bedrooms are equally comfortable and versatile, ready to adapt as guest rooms, home offices, or creative spaces. A convenient half bath for visitors adds just the right touch of practicality. Step outside and you’ll find just the right amount of backyard—easy to enjoy without overwhelming upkeep. The side yard is a hidden gem, perfectly suited for morning coffee, evening cocktails, reading a book, or simply unwinding in a quiet corner of nature. As part of Prestonwood Creek, residents enjoy exclusive access to a private park complete with a walking path, pool, and tennis courts—adding even more ways to relax, stay active, and connect with neighbors. Located within Richardson ISD and close to parks, shopping, and dining, this home offers not just a place to live, but a lifestyle of ease and connection.

Investor Tools

Property Icon
$610,000
Estimated Property Value
$596,550Estimated Mortgage Balance
$19,527Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,107
$469,380
2025
$150,000
$319,380
$469,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,107
$469,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fieldstone Mortgage Co
N/A
$41,600
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$590,473
$19,527
3%
97%
$3,577/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$3,777/mo
$-1,497/mo
4.5%

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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