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$1,285,000

4040 Goodfellow Dr, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,598 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$357.14 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Ice Maker, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Courtyard, Rain Gutters, Lighting
Lot Size16,006 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000582295000000
Lot Number5
SubdivisionForest Knoll
Land UseResidential
Legal DescriptionFOREST KNOLL ESTATES BLK B/6404 LOT 5 GOODFELLOW DR INT202400153991 DD07312024 CO-DC 6404 00B 00500 1006404 00B
Census Tract009609
Assessed Land Value$800,000
Assessed Improvement Value$475,000
Assessment Year2025

About this property

Gorgeous, renovated, move-in ready, ranch style home located in Northaven Park! This beautiful home is perfect for entertaining offering two expansive living areas and an outdoor oasis with a Pergola, sitting area, pool with a separate spa & a diving board! The split bedroom layout with mother in-law suite is perfect for guests, nanny or teens. The main living area offers hand-scraped hardwood flooring, fireplace & ample sitting space. The kitchen offers an island, built-in Sub-Zero refrigerator & freezer, double ovens, built-in microwave and ice maker. The oversized primary bedroom offers a sitting area, walk-in closet, 2nd closet & walk-in shower and direct access to pool. All bedrooms are large and there is great closet space throughout the home. Electric gated driveway to garage and backyard. The garage offers storage & a workbench.

Investor Tools

Property Icon
$1,479,000
Estimated Property Value
$766,550Estimated Mortgage Balance
$640,900Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,874 /month
Positive
Cash Flow Estimate:
$2,958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,011
$1,275,000
2025
$800,000
$475,000
$1,275,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,011
$1,275,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cinch Funding Llc
Conventional
$766,550
No
First
Jul 26, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$838,100
$640,900
43%
57%
$5,196/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$5,196/mo
$-2,624/mo
2.1%

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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4040 Goodfellow Dr | Property Details | No Agent List