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$870,820

NAL Estimated Property Value

16106 Red Cedar Trl, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,355 Sq Ft
price_per_sqft$231 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal
FlooringLuxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard, Rain Gutters
Lot Size9,597 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820484040000
Lot Number45
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD 24 SEC 2 BLK 13/8193 LT 45 INT202300047375 DD03092023 CO-DC 8193 013 04500 3DA8193 013
Census Tract013619
Assessed Land Value$300,000
Assessed Improvement Value$570,820
Assessment Year2025

About this property

Nestled in the heart of Prestonwood, this stunning 1 story home is the epitome of comfort. With its well maintained interiors and tasteful designs, you'll fall in love with this property the moment you step inside. The vaulted ceilings and skylights add to the sense of space. creating a bright and airy feeling throughout. This home has 4 spacious bedrooms,3.5 bathrooms and 3 large living areas providing ample space to relax and unwind. The home office is perfect for those who work from home and the large kitchen with double ovens is great for those who love to cook. All bedrooms feature walkin closets and the primary suite is truly a retreat with a large bathroom and walk in closets. The pool and spa are the perfect place to entertain family and friends. Not only is this house designed for comfortable living, it is also located in a prime location. With Campbell Green Park and walking trails just a stones throw away, you have access to the beautiful outdoor spaces to enjoy.

Investor Tools

Property Icon
$870,820
Estimated Property Value
$547,383Estimated Mortgage Balance
$323,437Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,225 /month
Positive
Cash Flow Estimate:
$1,742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,063/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,403
$870,820
2025
$300,000
$570,820
$870,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,403
$870,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$581,250
No
First
Mar 9, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$547,383
$323,437
37%
63%
$3,485/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$3,485/mo
$-515/mo
4.1%

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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16106 Red Cedar Trl | Property Details | No Agent List