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$688,000

NAL Estimated Property Value

7053 Wakefield Cir, Dallas, TX, 75231

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,032 Sq Ft
price_per_sqft$342.03 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

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

Exterior

Lot Size15,021 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000398968000000
Lot Number20A
SubdivisionMerriman Park
Land UseResidential
Legal DescriptionMERRIMAN PARK BLK S/5436 LOT 20A INT202500083321 DD04212025 CO-DA 5436 00S 20A00 3005436 00S
Census Tract007809
Assessed Land Value$285,000
Assessed Improvement Value$327,230
Assessment Year2025

About this property

GORGEOUS HOME ultra redone house, situated perfectly on the back of a quiet cul-de-sac street, huge one of a kind picturesque tree that umbrellas over the front yard, the XLG long Covered front porch is spacious and arranged perfectly to enjoy sitting and enjoying a ice tea while watching your kids play safely on this cul-de-sac, this is a ranch style gem of a home, there is no other like it, it's truly one of a kind and perfectly located in the prestigious MERRIMAN PARK this is one of the most sought after neighborhoods of East Dallas. This home has incredible curb appeal and stands out! The inside will wow you with its design and spacious layout. The flooring is gorgeous and flows throughout. The kitchen overlooks the back yard and has been updated with new appliances and quartz counter tops, The paint inside and out is a light bright neutral shade ready for your family. Enjoy the open large living areas one in the front of the house and one living area in the back of the house, The master is huge and has a great master bath with his and hers separate closets plus dressing sitting space to get ready each morning, both bathrooms have been totally redone, second bathroom is a jack and Jill and both bedrooms have a private door to the bathroom, the garage has a back entry. the front and back yard is amazing, the lot is huge with TWO backyards! the back yard actually has two back yards and both are landscaped, big, and beautiful, eight-foot cedar board on board fence privacy. hurry hurry this big beauty won't last long! NEW ROOF COMING! Near, White Rock Lake, walkable short drive access to nature White Rock trail, Flag Pole Hill, Northaven Trail, proximity to dinning, entertainment in Lake Highlands, Uptown, or Lower Greenville.

Investor Tools

Property Icon
$688,000
Estimated Property Value
$582,626Estimated Mortgage Balance
$105,374Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,953
$612,230
2025
$285,000
$327,230
$612,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,953
$612,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$589,500
No
First
Sep 22, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$582,626
$105,374
15%
85%
$3,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,535/mo
$-1,563/mo
3.4%

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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7053 Wakefield Cir | Property Details | No Agent List