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$672,000

NAL Estimated Property Value

7024 Freemont Street, Dallas, TX, 75231

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,915 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$391.12 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave
FlooringHardwood

Exterior

Lot Size8,750 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000398725000000
Lot Number4
SubdivisionMerriman Park
Land UseResidential
Legal DescriptionMERRIMAN PARK BLK N/5436 LT 4 INT20070184848 CO-DC 5436 00N 00400 3005436 00N
Census Tract007809
Assessed Land Value$285,000
Assessed Improvement Value$262,640
Assessment Year2025

About this property

Completely reimagined and thoughtfully updated, this 3 bedroom, 2 bath home offers a great floor plan paired with high end finishes, located in the heart of East Dallas in desirable University Manor-Merriman Park. As you enter, you are welcomed by a formal dining room that flows seamlessly into the kitchen through a butler’s pantry, creating an ideal layout for both everyday living and entertaining. The kitchen is elevated and well designed, featuring quartz countertops and backsplash, custom cabinetry, all new appliances, and a dedicated dry bar perfect for morning coffee or evening drinks with a wine fridge. The main living room sits just off the kitchen, creating a natural gathering space at the heart of the home. From there, an additional flex space extends off the living area, offering the perfect spot for casual dining, a home office, or a secondary living space. Natural hardwood floors run throughout, complemented by fresh interior paint with level 4 finish walls, new solid core doors, and curated designer lighting and hardware selections. A separate laundry room and mudroom off the garage, complete with custom cabinetry, add everyday functionality. The layout flows effortlessly into the secondary bedrooms, offering flexibility for guests, family, or workspace needs. The primary suite is a true retreat, complete with a large walk in closet and a stunning bathroom featuring dual sinks, an oversized shower, and a private water closet. Step outside to a large backyard, ideal for entertaining, play, or future additions, along with an attached 2 car garage. Exterior updates include a new front door, fresh trim paint, and custom landscaping that enhances the home’s curb appeal. Located just minutes from Flag Pole Hill, White Rock Lake, nearby trails, and East Dallas shopping and dining, this home offers both convenience and lifestyle. A home that truly lives well, combining thoughtful updates, a functional layout, and an unbeatable East Dallas location.

Investor Tools

Property Icon
$672,000
Estimated Property Value
$545,821Estimated Mortgage Balance
$126,179Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,151
$547,640
2025
$285,000
$262,640
$547,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,151
$547,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ifp Fund I Llc
Commercial
$549,000
No
First
Jan 28, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$545,821
$126,179
18%
81%
$3,292/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,292/mo
$-1,320/mo
3.5%

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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7024 Freemont Street | Property Details | No Agent List