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Owner Contacts

$565,000

NAL Estimated Property Value

16703 Rustic Meadows Dr, Dallas, TX, 75248

Off Market

3 Beds

2 Bath

1,803 Sq Ft

$249.03 / sqft

Built in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater

FlooringCarpet, Marble, Vinyl

Exterior

Exterior FeaturesCourtyard, Lighting, Rain Gutters

Lot Size7,219 sqft

Building Information

Year Built1977

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000799677470000

Lot Number23

SubdivisionPreston Port

Land UseResidential

Legal DescriptionPRESTON PORT ESTS BLK A/8206 LT 23 INT202300066563 DD04052023 CO-DC 8206 00A 02300 3DA8206 00A

Census Tract013617

Assessed Land Value$191,250

Assessed Improvement Value$254,510

Assessment Year2025

About this property

Seller will contribute up to 5K total for closing costs, other concessions or paint & carpet. LOCATION!!! Spotless & Updated Hard-To-Find 1-story custom home has Richardson ISD's Brentfield (E), Parkhill (M) & JJ Pearce (H)! Bring your pickiest buyers! Majestic Living Room with tall ceilings looks into private central courtyard. Lg kit w-ample sized breakfast area + formal dining. Light & open flowing flr plan. Established trees & landscape. UPDATES: 2022 Showers; Glass Surround; tubs; Tiles; X-Wide soaker tub in Master; Fixtures & Fans; Plugs & Flipper Switches (Except LR); GFCIs in kitchen & baths; Water Heater; 2021 Garage Door Opener; Gas Line to House; 2020 Interior paint; window screens; Quartz Counter tops in kitchen & baths with sinks & faucets; Toilets; 2019 Fence; Roof; 5-in Gutters; Ext paint; White porcelain polished tile; 2018 Dbl Oven Kenmore; Dishwasher; 2017 GAS Cook top vents outside. HVAC is a Carrier 16.5 SEER & Gas Heating System.

Investor Tools

$565,000

Estimated Property Value

$336,592Estimated Mortgage Balance

$228,408Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,390 /month

Positive

Cash Flow Estimate:

$1,130 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$847/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,338

$445,760

2025

$191,250

$254,510

$445,760

Tax History

Year

Tax Paid

Assessed Value

2024

$7,338

$445,760

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Titus38 Llc

Conventional

$356,800

First

Apr 5, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$336,592

$228,408

40%

60%

$2,140/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

$2,140/mo

+$140/mo

4.8%

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