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Owner Contacts

$457,260

NAL Estimated Property Value

1647 Trailridge Drive, Dallas, TX, 75224

Off Market

3 Beds

2 Bath

1,867 Sq Ft

Single Family Residence

$165.51 / sqft

Built in 1957

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven, Vented Exhaust Fan, Gas Water Heater

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size9,355 sqft

Building Information

Year Built1957

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000491842000000

Lot Number38

SubdivisionOak Park

Land UseResidential

Legal DescriptionOAK PARK ESTATES BLK 7/6035 LOT 38 INT201900103500 DD04242019 CO-DC 6035 007 03800 2006035 007

Census Tract006100

Assessed Land Value$90,000

Assessed Improvement Value$367,260

Assessment Year2025

About this property

Pristine Mid-Century Modern 3 bed, 2 bath home that rests on a hill in Oak Park Estates. Lovingly updated and restored to the integrity of original craftsmanship and character. Rich wood floors and ceramic tile thru. Kitchen features granite tile counters, quartz farm sink, double ovens, glass cooktop & updated light fixtures. Energy conscious with new double pane windows and NEST thermostat. Grand family room anchored by brick fireplace with patio doors leading to sprawling enclosed covered patio area. Updated bathrooms, extensive original crown molding & ample storage. Mail delivered direct to your door. Outstanding location:steps from Kiest Park, 4 miles from Bishop Arts & 7 miles from downtown Dallas.

Investor Tools

$457,260

Estimated Property Value

$241,210Estimated Mortgage Balance

$216,050Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,744 /month

Positive

Cash Flow Estimate:

$915 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$693/month

$25/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,027

$457,260

2025

$90,000

$367,260

$457,260

Tax History

Year

Tax Paid

Assessed Value

2024

$6,027

$457,260

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$271,501

First

Aug 20, 2020

Sep 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$241,210

$216,050

47%

53%

$1,628/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,653/mo

+$319/mo

5.2%

Learn About the Market: Opportunity in Dallas

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