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$468,520

NAL Estimated Property Value

7027 Chackbay Lane, Dallas, TX, 75227

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,885 Sq Ft
price_per_sqft$121.32 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit
Lot Size7,550 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00612900260700000
Lot Number70
SubdivisionEnclave At Grove Hill No 2
Land UseResidential
Legal DescriptionENCLAVE AT GROVE HILL NO 2 BLK 26/6129 LOT 70 INT201800293209 DD10312018 CO-DC 6129 026 07000 4DA6129 026
Census Tract012206
Assessed Land Value$70,000
Assessed Improvement Value$398,520
Assessment Year2025

About this property

Gorgeous home in private gated community only minutes from Downtown Dallas! Home is located towards the back of the community. Admire the front covered porch as you drive up. Picture yourself relaxing after a long day on the porch swing. Entry foyer features ceramic tile which extends into the formal dining and kitchen. Hardwood floors are present in study and living. Enjoy the open kitchen loaded with modern amenities such as granite countertops and stainless steel appliances. 3 spacious bedrooms and 2 full baths located downstairs. Upstairs is an entertainers dream! Game room is located at the top of the stairs. A bonus bedroom is also wired for sound and would make a perfect media room! Come see this gem!

Investor Tools

Property Icon
$468,520
Estimated Property Value
$86,971Estimated Mortgage Balance
$381,549Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,811 /month
Positive
Cash Flow Estimate:
$937 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$809/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,364
$468,520
2025
$70,000
$398,520
$468,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,364
$468,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Unknown
$104,000
No
First
Oct 31, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,971
$381,549
81%
19%
$468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,098/mo
+$1,474/mo
6.6%

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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7027 Chackbay Lane | Property Details | No Agent List