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Owner Contacts

$894,763

NAL Estimated Property Value

7008 Creek Bend Rd, Dallas, TX, 75252

Off Market

3 Beds

3 Bath

2,816 Sq Ft

$239.7 / sqft

Built in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven

FlooringCarpet, Ceramic Tile

Building Information

Year Built1993

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR-0391-015-0480-1

Lot Number48

SubdivisionPreston Road Highlands (Cda)

Land UseResidential

Legal DescriptionPRESTON ROAD HIGHLANDS (CDA), BLK O/8727, LOT 48

Census Tract031718

Assessed Land Value$393,250

Assessed Improvement Value$501,513

Assessment Year2025

About this property

Multiple offers received. Please submit highest and best offers by 5pm Dallas time on Tuesday, April 4, 2023. This one-story, soft contemporary offers a central location with convenience to shops, dining, and the major highways. It is light, bright and ready for a new owner to enjoy the beautiful creek setting – and the excellence of Plano ISD. Study could be a 4th bedroom if needed. Step out to the backyard and enjoy the treed lot that leads to a winding creek waiting for the vision of its new owner. The home has been freshly painted and carpeted in neutral colors to work with any style. The floorplan is functional and versatile for a lifestyle of convenience yet with the privacy of the property.

Investor Tools

$894,763

Estimated Property Value

$574,553Estimated Mortgage Balance

$320,210Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,369 /month

Positive

Cash Flow Estimate:

$1,790 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,309/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,233

$894,763

2025

$393,250

$501,513

$894,763

Tax History

Year

Tax Paid

Assessed Value

2024

$11,233

$894,763

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$608,000

First

May 31, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$574,553

$320,210

35%

64%

$3,646/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,890/mo

$3,646/mo

$-756/mo

3.9%

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