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$2,237,000

NAL Estimated Property Value

7141 Lyre Ln, Dallas, TX, 75214

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,883 Sq Ft
price_per_sqft$511.78 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting
Lot Size7,917 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000248420360000
Lot Number7
SubdivisionLakewood North
Land UseResidential
Legal DescriptionLAKEWOOD NORTH ESTS BLK 4/2991 LT 7 INT202100156336 DD05242021 CO-DC 2991 004 00700 1002991 004
Census Tract008000
Assessed Land Value$554,190
Assessed Improvement Value$1,595,810
Assessment Year2025

About this property

Completed in 2021 by Stainback Construction, this home in the heart of Lakewood blends exceptional craftsmanship with high-end finishes & modern technology. Throughout the home, you'll find nine-inch wide hardwood planks that provide warmth while light pours in from large windows through the home. Technology upgrades include Sonos surround sound, home generator, electric window shades & the Brilliant Smart Home System allowing seamless control of lights, thermostats, speakers & more. Designer lighting adds a sophisticated touch to each room & two separate laundry rooms provide the ultimate convenience for busy households. The gourmet kitchen is thoughtfully designed for both functionality & luxury, featuring quartz countertops, a Wolf commercial range & a built-in SubZero refrigerator, while the adjacent walk in pantry boasts custom cabinetry & ample storage. The eat-in kitchen, dining & living spaces provide a thoughtful layout to enjoy whether hosting or enjoying a quiet meal with family. The primary suite offers a tranquil retreat, featuring electric shades, a fireplace with built-in cabinetry, a spa-like ensuite bath with a soaking tub, a stand-alone shower & custom closet. Additional living spaces include a downstairs study with built-in cabinets, an upstairs family room complete with cabinetry, a sink & refrigerator, as well as a dedicated exercise room on the second floor. Outdoor living is just as inviting, with a covered patio equipped with a fireplace and ceiling fan, and a large second-floor covered balcony that’s perfect for relaxing or entertaining. The backyard is fully turfed and features a sprinkler system, a board-on-board privacy fence & an automatic gate for added security. This property is zoned to Lakewood Elementary & offers backyard views of Lakewood Park, with walking access just moments away. Combining luxury, smart technology & a prime location, this home offers an unparalleled lifestyle in Lakewood.

Investor Tools

Property Icon
$2,237,000
Estimated Property Value
$1,182,511Estimated Mortgage Balance
$1,054,489Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,994 /month
Positive
Cash Flow Estimate:
$4,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,151
$2,150,000
2025
$554,190
$1,595,810
$2,150,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,151
$2,150,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crossfirst Bank
Building Or Construction Loan
$1,307,400
No
First
May 24, 2021
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,182,511
$1,054,489
47%
53%
$7,839/mo

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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7141 Lyre Ln | Property Details | No Agent List