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$599,000

16817 Rustic Meadows Dr, Dallas, TX, 75248

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.52 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,445 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000799677610000
Lot Number37
SubdivisionPreston Port
Land UseResidential
Legal DescriptionPRESTON PORT ESTS BLK A/8206 LT 37 INT202400080330 DD04192024 CO-DC 8206 00A 03700 3DA8206 00A
Census Tract013617
Assessed Land Value$191,250
Assessed Improvement Value$401,280
Assessment Year2025

About this property

Remodeled and thoughtfully reimagined, this modern retreat is a standout opportunity in highly sought-after Preston Port Estates, zoned to acclaimed Brentfield Elementary in Richardson ISD. Offering 3 bedrooms, 2.5 baths, plus a separate office or guest room with a Murphy bed that conveys, this home blends mid-century charm with elevated, contemporary design in a way today’s buyers crave. From the moment you arrive, the curb appeal makes an impression with sleek modern wood accents and fresh landscaping. Inside, a light-filled, open floor plan welcomes you with a stunning wall of windows overlooking a private courtyard-style patio, creating a seamless indoor-outdoor connection. The living room is anchored by a dramatic floor-to-ceiling fireplace, complemented by a wet bar - perfect for effortless entertaining. The chef’s kitchen is both functional and beautiful, featuring custom cabinetry, granite and quartz surfaces, stainless steel appliances, a 6-burner gas cooktop, and a peninsula with additional seating, plus a bright breakfast nook for casual dining. The primary suite offers a peaceful retreat with dual vanities, separate closets, and a spa-inspired bath with floor-to-ceiling tile and walk-in shower. Two secondary bedrooms share an updated bath, while the dedicated office or flexible space for guests, work, or play. Step outside to enjoy exceptional outdoor living with a covered patio strung with twinkle lights - ideal for evening dinners, entertaining, or simply unwinding. The expansive grassy backyard offers plenty of room for kids to play or pets to roam. Additional highlights include light flooring throughout, 2023 roof, and fully paid-off solar panels. Perfectly positioned near major highways, shopping, dining, and entertainment, and feeding into Brentfield Elementary, Parkhill Junior High, and J.J. Pearce High School, this home offers the ideal combination of location, lifestyle, and design.

Investor Tools

Property Icon
$593,000
Estimated Property Value
$551,000Estimated Mortgage Balance
$63,524Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Laura Harmon

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,305
$592,530
2025
$191,250
$401,280
$592,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,305
$592,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$551,000
No
First
Apr 19, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$530,339
$68,661
11%
89%
$3,304/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$3,304/mo
$-1,024/mo
4.6%

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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