Last 24 Hours
$891,000
NAL Estimated Property Value16315 Fallkirk Drive, Dallas, TX, 75248
Off Market
4 Beds
3 Bath
3,116 Sq Ft
Single Family Residence
$203.79 / sqft
Built in 1976Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 4
Bathrooms Full 3
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size11,250 sqft
Building Information
Year Built1976
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000799446080000
Lot Number5
SubdivisionHighlands North Sec 2
Land UseResidential
Legal DescriptionHIGHLANDS NORTH SEC 2 BLK 15/8198 LT 5 INT202000266442 DD09292020 CO-DC 8198 015 00500 3DA8198 015
Census Tract013605
Assessed Land Value$300,000
Assessed Improvement Value$492,250
Assessment Year2025
About this property
Wonderfully updated home with the perfect layout! Beautiful drive up & towering trees in the front & back welcome you to a location on a winding street that leads to an amazing neighborhood pond & park! All the rooms are big, but none more so than the 450sf living room that is open to the kitchen & has a wall of windows overlooking the backyard. The updated kitchen features granite counter-tops, stainless steel appliances, 5-burner gas cooktop & double ovens. On the other side of the kitchen you will find a conveniently placed Game-TV room perfect for the whole family. All bathrooms have been updated too! Other features include 2 newer HVAC's, new roof (2017), double pane windows & hardwood floors throughout.
Investor Tools
$891,000
Estimated Property Value
$383,247Estimated Mortgage Balance
$507,753Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,346 /month
Positive
Cash Flow Estimate:
$1,782 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,404/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,398
$792,250
2025
$300,000
$492,250
$792,250
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,398
$792,250
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$430,500
No
First
Sep 29, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,247
$507,753
56%
43%
$2,582/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$2,582/mo
+$388/mo
4.0%
12.4%