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$510,000

NAL Estimated Property Value

2248 Springhill Dr, Dallas, TX, 75228

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,703 Sq Ft
price_per_sqft$317.03 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCeramic Tile, Hardwood, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size11,799 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000707722000000
Lot Number9
SubdivisionWestglen Park No 2
Land UseResidential
Legal DescriptionWESTGLEN PARK NO 2 BLK 4/7295 LOT 9 INT202300198026 DD09262023 CO-DC 7295 004 00900 3007295 004
Census Tract012209
Assessed Land Value$156,250
Assessed Improvement Value$353,750
Assessment Year2025

About this property

This beautiful Casa Linda Forest home has an enviable creek view and tiered backyard deck ideal for entertaining and relaxing! Work from home and watch the seasons turn in the 203 sq ft detached modern backyard office by Studio Shed constructed in 2021 which overlooks the creek. As you enter this mid-century modern inspired home, the freshly painted walls and light hardwood floors throughout the living room and bedrooms make it perfectly ready for you. The kitchen is spacious and appointed with gas oven and range and stainless appliances. Dining room or second living adjoins kitchen and has picturesque view of the scenic backyard oasis. Plenty of space in laundry room with additional sink. Bathrooms have had updates and electrical system was updated in 2017. Wonderful neighborhood to call home just 1 mile SE of The Arboretum and White Rock Lake. Feel the love for this amazing find!

Investor Tools

Property Icon
$510,000
Estimated Property Value
$508,077Estimated Mortgage Balance
$1,923Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,239 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,995
$510,000
2025
$156,250
$353,750
$510,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,995
$510,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$509,547
No
First
Mar 13, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$508,077
$1,923
0%
100%
$3,055/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,055/mo
$-1,083/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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2248 Springhill Dr | Property Details | No Agent List