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Owner Contacts

$1,463,000

NAL Estimated Property Value

531 Classen Dr, Dallas, TX, 75218

Off Market

5 Beds

4 Bath

3,728 Sq Ft

Single Family Residence

$344.69 / sqft

Built in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size8,878 sqft

Building Information

Year Built2021

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000520084000000

Lot Number9

SubdivisionLake Highlands

Land UseResidential

Legal DescriptionLAKE HIGHLANDS ESTATES 6 BLK 20/6134 LT 9 INT202200145195 DD05202022 CO-DC 6134 020 00900 3DA6134 020

Census Tract012900

Assessed Land Value$399,510

Assessed Improvement Value$1,004,490

Assessment Year2025

About this property

Another fabulous JLD Custom Home. New 2022 Construction. Five Bedrooms and Three Car Garage! Minutes to Downtown, White Rock, Arboretum. Award Winning Hexter Elem. Gorgeous finishout! Dramatic two story entry. Exceptional floor plan. Downstairs Primary and Guest Bedroom. Downst. Study and Private office Nook. Primary Bathrm with great finishout and room sized closet. Living rm with gorgeous custom FP. Dining and Kitchen open to backyard space. Expertly designed Kitchen with quartz counter, tons of storage, oversized kitchen island. Second floor with three additional bedrm and two full baths. Flex floor plan allows for rooms to be used for multiple purpose. So many thoughtful inclusions on this floor plan. Hurry! This will go fast!

Investor Tools

$1,463,000

Estimated Property Value

$1,118,029Estimated Mortgage Balance

$344,971Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,778 /month

Positive

Cash Flow Estimate:

$2,926 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,756/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$25,759

$1,404,000

2025

$399,510

$1,004,490

$1,404,000

Tax History

Year

Tax Paid

Assessed Value

2024

$25,759

$1,404,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$1,192,500

First

May 20, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,118,029

$344,971

23%

76%

$6,490/mo

Learn About the Market: Opportunity in Dallas

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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.

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