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$507,610

NAL Estimated Property Value

2222 Springhill Dr, Dallas, TX, 75228

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.28 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator

Exterior

Lot Size10,193 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000707707000000
Lot Number4
SubdivisionWestglen Park No 2
Land UseResidential
Legal DescriptionWESTGLEN PARK NO 2 BLK 4/7295 LT 4 INT202200045397 DD02112022 CO-DC 7295 004 00400 3007295 004
Census Tract012209
Assessed Land Value$125,000
Assessed Improvement Value$382,610
Assessment Year2025

About this property

Located just minutes from The Dallas Arboretum and Botanical Gardens, this 3 bedroom, 2 bathroom, modern-living home is perfect for those looking to live close to the city while also being a short bike ride from the beautiful White Rock Lake. Situated on an expansive, nearly a quarter of an acre lot, you will appreciate the home's outdoor space once you step foot into the sprawling and serene backyard with a newly installed privacy fence and automatic gate opener. Once inside the home's open-concept living, dining, kitchen space, you will see the home's beautiful real hardwood flooring, updated kitchen along with stainless steel appliances. Both bathrooms, all lighting fixtures, windows, HVAC ductwork and attic insulation, water heater, and smart thermostat were all updated in recent years as well. Beautifully redone and maintained, this home is ready for tenants who are looking for a great living space, huge backyard, and convenient location!

Investor Tools

Property Icon
$507,610
Estimated Property Value
$403,671Estimated Mortgage Balance
$103,939Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,046 /month
Positive
Cash Flow Estimate:
$1,015 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$927/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,585
$507,610
2025
$125,000
$382,610
$507,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,585
$507,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$438,750
No
First
Feb 11, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,671
$103,939
20%
80%
$2,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,631/mo
$-659/mo
4.7%

City: Dallas

2222 Springhill Dr | Property Details | No Agent List