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$747,000

NAL Estimated Property Value

4041 High Summit Dr, Dallas, TX, 75244

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,126 Sq Ft
price_per_sqft$328.79 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Gas Range, Dishwasher, Electric Oven, Disposal
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,520 sqft

Building Information

Year Built1969
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000808592300000
Lot Number16
SubdivisionCrestpark Club
Land UseResidential
Legal DescriptionCRESTPARK CLUB BLK Y/8387 LT 16 INT202400060620 DD03222024 CO-DC 8387 00Y 01600 1DA8387 00Y
Census Tract009608
Assessed Land Value$300,000
Assessed Improvement Value$405,540
Assessment Year2025

About this property

Welcome to this exquisite four-bedroom, two-and-a-half-bathroom residence, gracefully situated within the esteemed private school corridor. This impeccably maintained home boasts a series of recent updates, including a new HVAC system installed in 2023, a hot water heater replacement in 2021, refreshed home office doors in 2021, new paint applied in 2018, wood flooring installed in 2017, new toilets in 2019, and new carpeting added in November 2022. This home features an oversized utility room and expansive backyard, offering an ideal space for entertaining guests. The added convenience of an electric gate enhances security and accessibility, further elevating the appeal of this property. Beyond its luxurious interior enhancements, this property is conveniently positioned near major thoroughfares such as the DNT and LBJ freeway. Additionally, residents will appreciate the diverse array of exceptional shopping and dining establishments located within close proximity.

Investor Tools

Property Icon
$747,000
Estimated Property Value
$497,285Estimated Mortgage Balance
$249,715Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,482 /month
Positive
Cash Flow Estimate:
$1,494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,625/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,769
$705,540
2025
$300,000
$405,540
$705,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,769
$705,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$517,500
No
First
Mar 25, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$497,285
$249,715
33%
67%
$3,103/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$3,103/mo
+$87/mo
5.1%

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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4041 High Summit Dr | Property Details | No Agent List