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$395,000

7021 Thornwood Dr, Dallas, TX, 75227

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,400 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000515472150000
Lot Number15
SubdivisionBuckner Terrace 2nd Inst 2nd Sec
Land UseResidential
Legal DescriptionBUCKNER TERRACE 2ND INST 2ND SEC BLK H/6127 LT 15 INT202500018607 DD01282025 CO-DC 6127 00H 01500 3DA6127 00H
Census Tract012207
Assessed Land Value$70,000
Assessed Improvement Value$228,430
Assessment Year2025

About this property

This well maintained home located in the Buckner Terrace neighborhood is conveniently located to Tenison Park, Keaton Park, White Rock Lake, and just a short drive to downtown. At 2500 square feet with 4 bedrooms and 3 full baths, this well thought out floor plan lives mostly like a single story ranch, with your major living spaces and most bedrooms downstairs and one bedroom-bath upstairs. Living area is open and bright with vaulted ceilings and access to the backyard. The primary suite has dual vanity areas as well as 2 walk in closets. The pool and backyard are the perfect place to relax during Texas summers. Roof, windows, hvac, and pool pump recently updated, with the HVAC replaced in June of 2024.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$481,124Estimated Mortgage Balance
$18,926Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,226
$298,430
2025
$70,000
$228,430
$298,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,226
$298,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Security Financial Corp
Conventional
$481,124
No
First
Oct 14, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,074
$18,926
3%
96%
$2,915/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,915/mo
$-343/mo
6.2%

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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7021 Thornwood Dr | Property Details | No Agent List