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$647,000

NAL Estimated Property Value

7048 Wakefield Street, Dallas, TX, 75231

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,556 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.93 / sqft
Year BuiltBuilt in 1959

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringWood

Exterior

Lot Size9,025 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000398812000000
Lot Number8
SubdivisionMerriman Park Addition
Land UseResidential
Legal DescriptionMERRIMAN PARK LOT 8 WAKEFIELD INT201300150297 DD05082013 CO-DC 5436 000 00800 3005436 000
Census Tract007809
Assessed Land Value$285,000
Assessed Improvement Value$246,340
Assessment Year2025

About this property

Stunning home is sought after Merriman Park! Beautiful area close to restaurants and shops. White Rock lake, Dart and Katy Trail near by. Home has hardwood floors, granite, breakfast bar, stainless appliances lots of cabinets in the kitchen. Huge backyard with hot tub. Master has dual sinks and beautiful remolded shower and jetted tub. Information deemed reliable. Agents and tenants to verify all information including measurements and schools.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,840
$531,340
2025
$285,000
$246,340
$531,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,840
$531,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$270,750
No
First
May 8, 2013
Jun 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,103
$455,897
70%
30%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
3.7%

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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7048 Wakefield Street | Property Details | No Agent List