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$215,000

7131 Nutmeg Ln, Dallas, TX, 75249

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,331 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.53 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,631 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000820902640000
Lot Number33
SubdivisionThe Woods 7th Sec Rep
Land UseResidential
Legal DescriptionTHE WOODS 7TH SEC REP BLK P/8608 LT 33 INT 20070116132 DD06251998 CO-DC 8608 00P 03300 2DA8608 00P
Census Tract016511
Assessed Land Value$50,000
Assessed Improvement Value$188,400
Assessment Year2025

About this property

Welcome to this 3-bedroom, 2-bathroom home nestled in an established neighborhood with mature surroundings and a welcoming feel. The home features a semi-updated interior with an open floor plan designed for comfortable everyday living and entertaining. The cozy living room offers laminate wood flooring and a corner wood-burning fireplace, creating a warm and inviting space. The home has seen several updates over the years but will require some additional TLC, giving the next owner the opportunity to add their own personal touches and make it their own. Conveniently located near Cedar Ridge Preserve, Joe Pool Lake, shopping, dining and everyday amenities. With a great layout and a convenient location, this home is ready for someone to bring their vision and make it their own. Solar panels are installed on the property; buyer will need to qualify with the solar provider and assume the existing lease.

Investor Tools

$14,436Estimated Mortgage Balance
$231,587Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$177
$238,400
2025
$50,000
$188,400
$238,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$177
$238,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$4,571
Yes
First
Feb 21, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,436
$231,564
94%
6%
$91/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$91/mo
+$2,509/mo
12.7%

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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7131 Nutmeg Ln | Property Details | No Agent List