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$411,000

NAL Estimated Property Value

234 Leda Dr, Dallas, TX, 75218

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,206 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$319.24 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Ceramic Tile, Linoleum

Exterior

Lot Size8,036 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APN00000670738000000
Lot Number6
SubdivisionLake Highland
Land UseResidential
Legal DescriptionLAKE HIGHLAND ESTATES NO 7 BLK 3/7079 LT 6 INT202400146401 DD06282024 CO-DC 7079 003 00600 3007079 003
Census Tract012900
Assessed Land Value$361,620
Assessed Improvement Value$17,880
Assessment Year2025

About this property

Great opportunity in beautiful Old Lake Highlands! This two-bedroom cozy home has tons of potential on a spacious lot in desirable Hexter Elementary attendance zone. It has been lovingly cared for and is ready for the next owners to bring their vision. Vaulted wood-plank ceilings add charm to every room in the home. Second bedroom has been used as an office but can easily be a bedroom-office combo with its extra space. The abundant custom storage throughout the home is a dream! Living and dining room combo has brick fireplace and ceramic tile flooring. Kitchen has built-in fridge, double ovens, and place for washing machine. Dryer connection in carport. Bricked carport currently used for storage but front wall easily removes to use for parking again. Huge backyard with enviable large 2-level custom storage building. Wonderful price point to get into one of the best established neighborhoods in East Dallas!

Investor Tools

Property Icon
$411,000
Estimated Property Value
$293,162Estimated Mortgage Balance
$117,838Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,679
$379,500
2025
$361,620
$17,880
$379,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,679
$379,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$303,600
No
First
Jun 28, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,162
$117,838
28%
71%
$1,821/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$1,821/mo
$-171/mo
4.8%

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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234 Leda Dr | Property Details | No Agent List