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$300,450

NAL Estimated Property Value

2415 Scotland Drive, Dallas, TX, 75216

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,683 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.89 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,246 sqft

Building Information

Year Built2020
Stories1
Roof Type105

Land Information

APN00000449746000000
Lot Number4
SubdivisionSouthern
Land UseResidential
Legal DescriptionSOUTHERN CREST BLK 9/5851 LT 4 INT202000168607 DD06252020 CO-DC 5851 009 00400 2005851 009
Census Tract008703
Assessed Land Value$80,000
Assessed Improvement Value$220,450
Assessment Year2025

About this property

Beautiful 4-2 New Construction home is waiting for you! Craftsmanship at its finest with light grey colors throughout the house. Kitchen with plenty of cabinet space, granite counter tops, and island that over looks the living area. Wood fence will be installed. House is still under construction and about 85% complete. BUILDER IS MOTIVATED, call agent for more details! BUYER AND BUYER AGENT TO CONFIRM ALL INFORMATION AND MEASUREMENTS. *** WHILE THIS IS UNDER CONSTRUCTION SET APPOINTMENT TO SHOW MODEL HOME @3914 FERNWOOD AVE DALLAS, TX *** JUST A COUPLE OF MILES AWAY ***

Investor Tools

Property Icon
$300,450
Estimated Property Value
$169,453Estimated Mortgage Balance
$130,997Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,803 /month
Positive
Cash Flow Estimate:
$601 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,816
$300,450
2025
$80,000
$220,450
$300,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,816
$300,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$191,516
Yes
First
Jun 25, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,453
$130,997
43%
56%
$1,149/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,149/mo
+$1,423/mo
10.3%

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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2415 Scotland Drive | Property Details | No Agent List