1view

$675,000

7036 Wakefield St, Dallas, TX, 75231

Off Market

3 Beds

3 Bath

1,924 Sq Ft

Single Family Residence

$350.83 / sqft

Built in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Convection Oven, Vented Exhaust Fan

FlooringCeramic Tile, Wood

Exterior

Lot Size9,222 sqft

Building Information

Year Built1960

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000398806000000

Lot Number6

SubdivisionMerriman Park

Land UseResidential

Legal DescriptionMERRIMAN PARK BLK P/5436 LT 6 INT202300150079 DD07202023 CO-DC 5436 00P 00600 3005436 00P

Census Tract007809

Assessed Land Value$285,000

Assessed Improvement Value$393,870

Assessment Year2025

About this property

Stunning Contemporary Modern in Merriman Park with Neighborhood access to White Rock Trail. This well maintained home offers an open floor plan with vaulted ceiling and natural wood finishes. Tons of natural light with Low-E windows. Hardwood floors through out living spaces and bedrooms. Kitchen has custom cabinetry and island. Honed black serpentine marble through out. Primary suite with large shower, custom closet and cabinets, and direct access to the backyard. Good sized second and third bedrooms. Large utility and mud room with custom cabinets. Large backyard with patio and stained wood fence. A Must Experience! SHOWINGS BEGIN AT 9AM ON SATURDAY JUNE 17TH OPEN HOUSE SUNDAY JUNE 18TH 1:30-3PM

Investor Tools

$704,000

Estimated Property Value

$568,000Estimated Mortgage Balance

$138,463Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,224 /month

Positive

Cash Flow Estimate:

$1,408 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,513/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,636

$678,870

2025

$285,000

$393,870

$678,870

Tax History

Year

Tax Paid

Assessed Value

2024

$14,636

$678,870

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Unknown

$568,000

First

Feb 9, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$565,537

$138,463

19%

80%

$3,406/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$3,406/mo

$-1,434/mo

3.4%

Learn About the Market: Opportunity in Dallas

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