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Owner Contacts

$581,908

18215 Meandering Way, Dallas, TX, 75252

Off Market

4 Beds

3 Bath

2,564 Sq Ft

Single Family Residence

$220.36 / sqft

Built in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater

FlooringCarpet, Ceramic Tile, Tile, Vinyl

Building Information

Year Built1995

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR-3082-027-0260-1

Lot Number26

SubdivisionHighland Creek Manor (Cda)

Land UseResidential

Legal DescriptionHIGHLAND CREEK MANOR (CDA), BLK 27/8734, LOT 26

Census Tract031709

Assessed Land Value$168,000

Assessed Improvement Value$413,908

Assessment Year2025

About this property

Beautiful, open concept 3 bedroom, 2.5 bath home with separate study which can be used as a 4th bedroom in guard-gated Highland Creek Manor on interior cul-de-sac lot steps away from community pool. Large open formal area with separate living and dining room. The primary suite has a sitting area with gas fireplace along with a bathroom that includes separate shower with body sprays & garden tub & dual sinks with large master closet with barn door. 2 bedrooms & 1 bath with separate sinks upstairs with brand new carpet. Attached rear entry 2 car garage.

Investor Tools

$581,908

Estimated Property Value

$502,550Estimated Mortgage Balance

$88,208Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,491 /month

Positive

Cash Flow Estimate:

$1,164 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$849/month

$190/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,278

$581,908

2025

$168,000

$413,908

$581,908

Tax History

Year

Tax Paid

Assessed Value

2024

$7,278

$581,908

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Better Rate Mortgage Inc

Conventional

$502,550

First

May 30, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$493,700

$88,208

15%

85%

$3,014/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,890/mo

$3,204/mo

$-314/mo

6.0%

Learn About the Market: Opportunity in Dallas

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