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$918,000

NAL Estimated Property Value

16139 Red Cedar Trl, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,292 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.8 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,000 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820478140000
Lot Number8
SubdivisionPrestonwood 24 Sec 2
Land UseResidential
Legal DescriptionPRESTONWOOD 24 SEC 2 BLK 5/8193 LT 8 INT202300170166 DD08222023 CO-DC 8193 005 00800 3DA8193 005
Census Tract013619
Assessed Land Value$300,000
Assessed Improvement Value$525,200
Assessment Year2025

About this property

Showstopper you don't want to miss! This stunning 4 bedroom, 3.5 bath North Dallas home leaves little to be desired! The expansive floorplan is an entertainers dream! This home has been lovingly maintained and thoughtfully updated. The inviting living room with a soaring ceiling and stately fireplace sits at the heart of the home. The large kitchen offers built-in appliances, sleek counters, a breakfast bar, ample prep space, pantry and bright breakfast nook. Elegant formal dining room. Additional living room with built-in shelves provides extra living and entertaining space. Impressive primary bedroom suite that features a large bath with linen storage, a separate shower, soaking tub, dual sinks, walk-in closet, and fireplace! Spacious secondary bedrooms and baths. You will fall in love with the private back yard with a covered patio, sparkling pool and lush landscaping. Upgrades include: siding 2023; pool update 2016; HVAC, windows, wood floors, bathrooms 2014. 3D tour online!

Investor Tools

Property Icon
$918,000
Estimated Property Value
$569,897Estimated Mortgage Balance
$348,103Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,508 /month
Positive
Cash Flow Estimate:
$1,836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,274
$825,200
2025
$300,000
$525,200
$825,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,274
$825,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$600,000
No
First
Aug 22, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$569,897
$348,103
37%
62%
$3,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$3,598/mo
$-628/mo
3.9%

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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16139 Red Cedar Trl | Property Details | No Agent List