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Owner Contacts

$441,370

NAL Estimated Property Value

7102 Colada Court, Dallas, TX, 75248

Off Market

3 Beds

2 Bath

2,040 Sq Ft

Single Family Residence

$137.21 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size10,530 sqft

Building Information

Year Built1983

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000821050220000

Lot Number12

SubdivisionPreston Place

Land UseResidential

Legal DescriptionPRESTONWOOD PLACE BLK 2A/8195 W PT LT 12 ACS 0.154 INT201800299629 DD11092018 CO-DC 8195 02A 01200 3DA8195 02A

Census Tract013607

Assessed Land Value$65,000

Assessed Improvement Value$376,370

Assessment Year2025

About this property

NEW PRICE UNDER 280K IN FANTASTIC NORTH DALLAS LOCATION!! HARD TO FIND IN THIS AREA AND PRICE RANGE IN RICHARDSON ISD AND NOT A CONDO!! NO FEES!! NEW ROOF!! Awesome end of Cul-de-Sac location. Over 2,000 SQ FT. Beautiful flooring with corner fireplace and large decorative leaded front windows. Updated lighting. Decorative paint throughout ('18). Newer HVAC units including duct work ('16). Spacious eat-in kitchen with granite countertops and cabinets newly varnished. Large rear-entry 2-car garage with tons of built in cabinets and outside entrance. Private backyard with covered patio. Master and hall bathrooms have been updated with beautiful vanities and granite tops. Master bedroom has two separate closets.

Investor Tools

$441,370

Estimated Property Value

$186,795Estimated Mortgage Balance

$254,575Estimated Equity

57% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,648 /month

Positive

Cash Flow Estimate:

$883 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,046/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,341

$441,370

2025

$65,000

$376,370

$441,370

Tax History

Year

Tax Paid

Assessed Value

2024

$10,341

$441,370

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Unknown

$220,000

First

Nov 9, 2018

Dec 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$186,795

$254,575

57%

42%

$1,320/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

$1,320/mo

+$960/mo

6.2%

Learn About the Market: Opportunity in Dallas

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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.

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