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$1,085,000

NAL Estimated Property Value

16207 Red Cedar Trl, Dallas, TX, 75248

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,455 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$318.09 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size9,658 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00000820478180000
Lot Number10
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD 23 SEC 2 BLK 5/8193 LT 10 INT202300096515 DD05152023 CO-DC 8193 005 01000 3DA8193 005
Census Tract013619
Assessed Land Value$300,000
Assessed Improvement Value$728,000
Assessment Year2025

About this property

Stunning, OPEN, bright UPDATED in an unbeatable location, Prestonwood! Step inside in to find 5 bedrooms with 4 full baths with beautiful indoor and outdoor entertainment, family, and flex spaces, making day-to-day living and entertaining elegant, yet comfortable. The kitchen features custom millwork, quartzite countertops with all newly installed appliances. Hard to find a home with four bedrooms on the 1st floor along with two spectacular living areas with so many built-in. MUST check out the master suite with one of kind custom built vanity with large shower and tub overlooking the pool. Private en-suite on the second floor with a full bath and large living awaits. Don’t forget the backyard oasis with POOL and multiple sitting areas! Yes, there is a 3-car garage!

Investor Tools

Property Icon
$1,085,000
Estimated Property Value
$1,053,003Estimated Mortgage Balance
$31,997Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,594 /month
Positive
Cash Flow Estimate:
$2,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,062/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,316
$1,028,000
2025
$300,000
$728,000
$1,028,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,316
$1,028,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$1,099,000
No
First
May 15, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,053,003
$31,997
2%
97%
$6,323/mo

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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16207 Red Cedar Trl | Property Details | No Agent List