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$1,040,000

NAL Estimated Property Value

16106 Salado Drive, Dallas, TX, 75248

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,920 Sq Ft
price_per_sqft$359.59 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size12,750 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000799440720000
Lot Number2
SubdivisionHighlands North Sec 1
Land UseResidential
Legal DescriptionHIGHLANDS NORTH SEC 1 BLK 5/8198 LT 2 CO-DC 8198 005 00200 3DA8198 005
Census Tract013605
Assessed Land Value$300,000
Assessed Improvement Value$444,640
Assessment Year2025

About this property

Fully renovated, this home pairs original architectural detail with a clean, modern interior in a North Dallas setting across from Salado Park. Set on a one-third acre lot within Richardson ISD, zoned to Bowie Elementary and JJ Pearce HS, the location brings both access and stability. Step inside to an open layout where engineered hardwood floors run throughout the main living spaces. Original wood beams draw the eye upward, adding structure and warmth. The living, dining, and kitchen areas connect without interruption. Large sliding glass doors frame the backyard and pool, bringing natural light into the center of the home throughout the day. Let’s talk about the kitchen. White oak cabinetry pairs with quartz countertops and a generous island with seating. Stainless steel appliances, including a Bosch dishwasher, are integrated cleanly into the design. Arched doorways and schoolhouse lighting introduce subtle contrast while maintaining a consistent, modern finish. The primary suite is positioned separately from the additional bedrooms, creating a sense of privacy. Inside, three closets provide ample storage. The bath is finished with a soaking tub, separate shower, custom vanities, and quartz surfaces, all set against a plaster backdrop that softens the space. A 5th bedroom sits apart with direct access to the backyard and pool; this could also be a flex space. The layout supports a range of uses while maintaining privacy from the main living areas. Out back, the pool has been refinished with new plaster and updated equipment. A covered deck extends the living space outdoors, offering a shaded area for daily use. The yard opens directly toward the park across the street, expanding how the outdoor space functions without added upkeep. Additional updates include new windows and a repaired foundation with a transferable warranty. Throughout the home, details like the plaster fireplace and arched openings create continuity between original structure and updated design.

Investor Tools

Property Icon
$1,040,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,040,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,886
$744,640
2025
$300,000
$444,640
$744,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,886
$744,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,040,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
N/A
+$2,970/mo
3.4%

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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16106 Salado Drive | Property Details | No Agent List