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$232,000

NAL Estimated Property Value

4226 Mehalia Dr, Dallas, TX, 75241

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.3 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range
FlooringTile, Vinyl, Wood

Exterior

Lot Size7,802 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000638968000000
Lot Number6
SubdivisionHighland Hills
Land UseResidential
Legal DescriptionHIGHLAND HILLS LOT 6 MEHALIA DR INT202400247131 DD11192024 CO-DC 6868 005 00600 2006868 005
Census Tract020200
Assessed Land Value$50,000
Assessed Improvement Value$144,340
Assessment Year2025

About this property

Motivated seller but not desperate. Fully renovated four bedroom 2 full bathroom home with tons of versatility for FTHB with a growing family on an oversized lot that you could possibly add a second dwelling. This property includes new windows, doors, lighting and fixtures. Plus new roof, electrical wiring, plumbing, HVAC, flooring, refrigerator, washer, dryer, gas range, and remodeled bathrooms also. Don't miss this opportunity it won't last long! Buyer to verify all information!

Investor Tools

Property Icon
$232,000
Estimated Property Value
$180,064Estimated Mortgage Balance
$51,936Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,909
$194,340
2025
$50,000
$144,340
$194,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,909
$194,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$185,000
No
First
Nov 19, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,064
$51,936
22%
78%
$1,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,110/mo
+$455/mo
8.1%

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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4226 Mehalia Dr | Property Details | No Agent List