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$510,000

NAL Estimated Property Value

15745 Covewood Circle, Dallas, TX, 75248

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,788 Sq Ft
price_per_sqft$1.62 / sqft
Year BuiltBuilt in 1972

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Double Oven, Refrigerator
FlooringVinyl

Exterior

Lot Size7,574 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000797626000000
Lot Number101
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD 1 BLK B/8195 LT 101 VOL99247/4814 DD12131999 CO-DA 8195 00B 10100 3DA8195 00B
Census Tract013605
Assessed Land Value$115,000
Assessed Improvement Value$308,290
Assessment Year2025

About this property

Classic North Dallas ranch home in Richardson ISD is nicely updated throughout and ready for a new family. Long-time homeowner has never leased her home before. Home has luxury vinyl plank flooring throughout. Kitchen has granite countertops, stainless-steel appliances and sink and refrigerator stays with the property. Living room has brick fireplace with electric start, ceiling fan, and vaulted ceilings with cedar beams. Breakfast area and study can be combined as a second living area. Primary bedroom has ceiling fan over raised sleeping area and lowered sitting area with fireplace and ensuite bathroom with granite countertops with dual sinks and separate adjacent room with oversized shower and toilet. Secondary bedrooms both have ceiling fans and hall bathroom nearby. Outdoors you will find mature trees and shrubs and fenced back yard with flexible areas including lush lawn, mulched play area, and two covered patios. Refrigerator, washer, and dryer are included in the lease price. Walk one block to HOA Amenity Area with community pool, tennis courts, and a 7-acre park. Home is in a quiet residential subdivision with easy access to major streets, shopping, and restaurants. Reputable campuses in Richardson ISD are nearby, and high school students have the option of attending Richardson or J.J. Pierce High Schools. Home is available for immediate move-in and is professionally and locally managed.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,079
$423,290
2025
$115,000
$308,290
$423,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,079
$423,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$200,000
No
First
Jan 6, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,125
$330,875
64%
35%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$1,200/mo
+$1,080/mo
5.4%

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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15745 Covewood Circle | Property Details | No Agent List