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$1,980,000

NAL Estimated Property Value

7012 Wabash Cir, Dallas, TX, 75214

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,495 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$572.25 / sqft
Year BuiltBuilt in 1950

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, Gas Range, Microwave, Double Oven, Other, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Outdoor Grill
Lot Size13,953 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000232471000000
Lot Number16
SubdivisionMonticello
Land UseResidential
Legal DescriptionMONTICELLO BLK D/2828 LT 16 & PT LT 17 INT202000275692 DD10072020 CO-DC 2828 00D 01600 1002828 00D
Census Tract008000
Assessed Land Value$976,710
Assessed Improvement Value$583,940
Assessment Year2025

About this property

Set on a spacious one-third acre in the heart of Lakewood, this beautifully updated home blends timeless charm with light-filled, open living. Original hardwood floors, custom cabinetry, plantation shutters, and dual-pane windows create a warm yet airy atmosphere throughout. The kitchen is designed for both everyday living and entertaining, featuring quarts countertops, a five-burner gas cooktop, double ovens, and a full side-by-side refrigerator and freezer. Recently added guest quarters and an additional living area provide flexible space for hosting or relaxing. Step outside to a generous backyard retreat, complete with a gas fire pit, built-in indoor and outdoor audio, and an outdoor TV—perfect for gathering under the open sky. Meticulously maintained and thoughtfully improved, this home reflects over 30 years of pride and care, offering a rare opportunity in one of Lakewood’s most desirable locations.

Investor Tools

Property Icon
$1,980,000
Estimated Property Value
$672,655Estimated Mortgage Balance
$1,307,345Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,649/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,889
$1,560,650
2025
$976,710
$583,940
$1,560,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$21,889
$1,560,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$700,000
No
First
Apr 18, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$672,655
$1,307,345
66%
34%
$4,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,197/mo
$-1,317/mo
1.7%

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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7012 Wabash Cir | Property Details | No Agent List