1view

$579,000

2311 Springhill Drive, Dallas, TX, 75228

Off Market

4 Beds

2 Bath

2,211 Sq Ft

Single Family Residence

$261.87 / sqft

Built in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Gas Oven, Gas Range, Vented Exhaust Fan, Gas Water Heater

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting, Storage

Lot Size10,977 sqft

Building Information

Year Built1961

Stories2

Roof Type105

Garage Spaces4

Land Information

APN00000706759000000

Lot Number7

SubdivisionCasa Linda Forest

Land UseResidential

Legal DescriptionCASA LINDA FOREST BLK E/7295 LT 7 INT202200057541 DD02282022 CO-DC 7295 00E 00700 3007295 00E

Census Tract012209

Assessed Land Value$125,000

Assessed Improvement Value$479,580

Assessment Year2025

About this property

Updated Sought-after Casa Linda Forest; White Rock Lake area; 4 bed 2 bath home with a Upper or Lower Master bedrooms. 2 Bedrooms up & 2 down. Jetted Recreational Pool, Mature Trees, landscaped, grass yard, 2 Car Garage & Carport! 2017-2019 Meticulous Professionally updated with added & resurfaced hardwood floors, White Quartz Counter Kitchen with Stainless Appliances & Breakfast Bar - opened to Living with Gas Log Fireplace & Dining! Kitchen includes custom cabinets, Gas range, Artisan backsplash & white Porcelain Farm Sink! Updated Baths have Quartz Counters w undermount sinks, tubs, fixtures, tiling and custom cabinets. One Lower bedroom currently used as an office.Bonus rooms for exercise or extra storage!

Investor Tools

$622,000

Estimated Property Value

$0Estimated Mortgage Balance

$253,060Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,732 /month

Positive

Cash Flow Estimate:

$1,244 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$955/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,353

$604,580

2025

$125,000

$479,580

$604,580

Tax History

Year

Tax Paid

Assessed Value

2024

$8,353

$604,580

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$401,000

First

Feb 28, 2022

Mar 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$368,940

$253,060

40%

59%

$2,405/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,405/mo

+$167/mo

5.0%

Learn About the Market: Opportunity in Dallas

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