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Owner Contacts

$223,000

NAL Estimated Property Value

3907 Mehalia Drive, Dallas, TX, 75241

Off Market

4 Beds

2 Bath

1,221 Sq Ft

Single Family Residence

$126.95 / sqft

Built in 1962

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Electric Water Heater

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage

Lot Size6,698 sqft

Building Information

Year Built1962

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000639235000000

Lot Number33

SubdivisionHighland Hills

Land UseResidential

Legal DescriptionHIGHLAND HILLS LOT 33 MEHALIA DR INT202000295758 DD10222020 CO-DC 6869 000 03300 2006869 000

Census Tract020200

Assessed Land Value$50,000

Assessed Improvement Value$159,400

Assessment Year2025

About this property

MULTIPLE OFFERS! HIGHEST & BEST REQUESTED BY 12PM SEPT 11 This 4 Bedroom, 1-story dollhouse has been completely remodeled with all new appliances, flooring, counter tops and so much more! The garage has been converted to the Master Bedroom giving you a split Bedroom floorplan. Outback is a huge backyard with plenty of room for all kinds of recreation as well as a large open patio. Also included is the storage building. This one will be gone fast! Don't miss your opportunity.

Investor Tools

$223,000

Estimated Property Value

$138,389Estimated Mortgage Balance

$84,611Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,338 /month

Positive

Cash Flow Estimate:

$446 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$282/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,268

$209,400

2025

$50,000

$159,400

$209,400

Tax History

Year

Tax Paid

Assessed Value

2024

$2,268

$209,400

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Southwest Funding Lp

Conventional

$155,138

First

Oct 22, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$138,389

$84,611

37%

62%

$931/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$931/mo

+$1,641/mo

13.8%

Learn About the Market: Opportunity in Dallas

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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.

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