1view

Owner Contacts

$489,000

NAL Estimated Property Value

534 Parkhurst Drive, Dallas, TX, 75218

Off Market

3 Beds

1 Bath

1,213 Sq Ft

$276.17 / sqft

Built in 1951

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Garden

Lot Size8,190 sqft

Building Information

Year Built1951

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000519316000000

Lot Number19

SubdivisionLake Highlands

Land UseResidential

Legal DescriptionLAKE HIGHLANDS ESTATES 5 BLK 7/6134 LT 19 INT202000186025 DD07172020 CO-DC 6134 007 01900 3DA6134 007

Census Tract012900

Assessed Land Value$368,550

Assessed Improvement Value$119,260

Assessment Year2025

About this property

Located in highly sought-after Old Lake Highland, this charming 3 bedroom bungalow is within walking distance to White Rock Lake and Hexter Elementary. An open floorplan with a massive backyard will excite the entertainer. This well-maintained home has an extensive list of upgrades over the past 4 years including new HVAC, water heater, roof, wood floor enhancements, new driveway gate battery, and extensive landscaping to name a few. A great-looking, move-in ready home in a premier location.

Investor Tools

$489,000

Estimated Property Value

$288,969Estimated Mortgage Balance

$200,031Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,934 /month

Positive

Cash Flow Estimate:

$978 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$847/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,716

$487,810

2025

$368,550

$119,260

$487,810

Tax History

Year

Tax Paid

Assessed Value

2024

$7,716

$487,810

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$313,500

First

Mar 29, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$288,969

$200,031

40%

59%

$1,880/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$1,880/mo

+$200/mo

5.1%

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.

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