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$334,990

577 Classen Drive, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,277 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.33 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,800 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000520120000000
Lot Number21
SubdivisionLake Highlands
Land UseResidential
Legal DescriptionLAKE HIGHLANDS ESTATES 6 BLK 20/6134 LOT 21 INT202000054624 DD02242020 CO-DC 6134 020 02100 3DA6134 020
Census Tract012900
Assessed Land Value$333,450
Assessed Improvement Value$91,550
Assessment Year2025

About this property

REDUCED! NEW PRICE! Charming Lake Highlands Estates home on a landscaped larger lot just minutes from White Rock Lake! Hexter Elementary! Resurfaced Hardwood floors, Gorgeous Bathrooms, Soft Grey&White tiling in baths! Laundry-mud room area. Thermo windows. 2019 Roof! Updated Electrical Panel, Plumbing, Kitchen, Granite, Custom Wood painted Cabinetry, HWH, Pantry, SS Deep Dual Sink, Dishwasher, Range, Built-in Microwave w Vent, Refrigerator, Garbage Disposal, Faucets & Hardware and More! Specialty Lighting! Landscaped, fully sprinkler yards & 6' Board on Board fence! <One mile distance to White Rock Lake & Parks, Nearby School yard, Dog Park, Dallas Arboretum, Casa Linda shopping-dining, Downtown Dallas & more!

Investor Tools

Property Icon
$489,000
Estimated Property Value
$0Estimated Mortgage Balance
$256,297Estimated Equity
100% 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
$795/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,097
$425,000
2025
$333,450
$91,550
$425,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,097
$425,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$265,200
No
First
Feb 24, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,703
$256,297
52%
48%
$1,591/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,591/mo
+$489/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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577 Classen Drive | Property Details | No Agent List