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$815,590

NAL Estimated Property Value

16105 Red Cedar Trail, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,031 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.4 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Convection Oven, Double Oven
FlooringCarpet, Parquet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size10,252 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820469540000
Lot Number28
SubdivisionPrestonwood Creek
Land UseResidential
Legal DescriptionPRESTONWOOD CREEK BLK 4/8192 LT 28 VOL2003230/5251 DD06202003 CO-DA 8192 004 02800 3DA8192 004
Census Tract013619
Assessed Land Value$300,000
Assessed Improvement Value$515,590
Assessment Year2025

About this property

Welcome home to this lovely Prestonwood Creek gem, perfectly situated on a landscaped corner treed interior lot in the highly sought-after Richardson school district! This spacious 4-bedroom, 3-bath home offers the ideal layout for family living and entertaining. The warm and inviting family room features a soaring ceiling, gas-logged fireplace, wet bar, and a wall of windows overlooking the backyard. The light-filled eat-in kitchen includes double ovens, a center island, and gorgeous granite countertops- perfect for everyday meals or weekend gatherings. The split private game room offers a great spot for play, study, or movie nights. The spacious split primary suite is a relaxing retreat with double vanities, two walk-in closets, a soaking tub, and a separate shower. The second and third bedrooms both with walk-in closets share a pass through bath that offers dual sinks. The fourth large bedroom with an oversized walk-in closet opens to the pretty hall bath. This wonderful home with wood floors and plantation shutters combines comfort, style, and practicality. Located in a PID with 24-7 police patrol throughout this specific area of Prestonwood. It is an estate sale and sellers would like to sell it As-Is and for Prestonwood Creek is priced very competitively. Don't miss this wonderful opportunity to make this Prestonwood house your new home.

Investor Tools

Property Icon
$815,590
Estimated Property Value
$611,126Estimated Mortgage Balance
$204,464Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,894 /month
Positive
Cash Flow Estimate:
$1,631 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,950
$815,590
2025
$300,000
$515,590
$815,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,950
$815,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Standard Mortgage Corp
Conventional
$616,500
No
First
Nov 24, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$611,126
$204,464
25%
75%
$3,697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$3,697/mo
$-727/mo
4.4%

Learn About the Market: Opportunity in Dallas

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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.

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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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16105 Red Cedar Trail | Property Details | No Agent List