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$2,029,360

NAL Estimated Property Value

5341 Springmeadow Dr, Dallas, TX, 75229

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,609 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.36 / sqft
Year BuiltBuilt in 1963

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, Gas Cooktop, Convection Oven, Double Oven
FlooringCeramic Tile, Marble, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size21,750 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00000578746000000
Lot Number18
SubdivisionRusswood Acres 7th Inst 2nd Sec
Land UseResidential
Legal DescriptionRUSSWOOD ACRES 7TH INST 2ND SEC BLK 3/6389 LT 18 INT201900112629 DD05012019 CO-DC 6389 003 01800 1006389 003
Census Tract013400
Assessed Land Value$1,200,000
Assessed Improvement Value$829,360
Assessment Year2025

About this property

Rare transitional style ranch in highly sought after Russwood Acres situated on a beautifully landscaped half acre lot.Tastefully remodeled preserving the architectural integrity & allure w an amazing floorplan to suit modern living. Sophisticated finishes,large rooms,an abundance of natural light & gallery walls ready for your art & fam photos. This house can be dressed up or down,perfect for entertaining & everyday living.Master ste is generously proportioned w space in the right places.Secondary bedrms feature en-suite baths & walk-in closets.Large 4th bedroom currently functions as a den.Amazing outdoor living space includes detached cabana w bathrm,outdoor shower & bar.Huge grass backyard w privacy fence

Investor Tools

Property Icon
$2,029,360
Estimated Property Value
$1,154,498Estimated Mortgage Balance
$874,862Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,176 /month
Positive
Cash Flow Estimate:
$4,059 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,787
$2,029,360
2025
$1,200,000
$829,360
$2,029,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,787
$2,029,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$1,163,800
No
First
Oct 8, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,154,498
$874,862
43%
57%
$7,548/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$7,548/mo
$-4,976/mo
1.5%

City: Dallas

5341 Springmeadow Dr | Property Details | No Agent List