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Owner Contacts

$497,000

NAL Estimated Property Value

7157 Nicole Place, Dallas, TX, 75252

Off Market

3 Beds

3 Bath

2,052 Sq Ft

Single Family Residence

$182.75 / sqft

Built in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1997

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR-2855-014-0030-1

Lot Number3

SubdivisionNicole Place Addition (Cda)

Land UseResidential

Legal DescriptionNICOLE PLACE ADDITION (CDA), BLK 14/8726, LOT 3

Census Tract031718

Assessed Land Value$138,700

Assessed Improvement Value$319,606

Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED •3D Virtual Tour and Floor Plan Available• Adorable and updated North Dallas home just steps from the Preston Ridge Trail. Fantastic, open floor plan featuring two living areas, three bedrooms, two and a half baths, large kitchen, and two-car garage. Updates include appliances, countertops, wood-look ceramic floors, half bath vanity, paint throughout, AC unit, and more (see full updates list in MLS media). Home is conveniently located between the Dallas North Tollway, Central Expressway, the George Bush Turnpike, and is zoned to Plano ISD.

Investor Tools

$497,000

Estimated Property Value

$377,916Estimated Mortgage Balance

$119,084Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,982 /month

Positive

Cash Flow Estimate:

$994 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$681/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,684

$458,306

2025

$138,700

$319,606

$458,306

Tax History

Year

Tax Paid

Assessed Value

2024

$5,684

$458,306

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

East Coast Capital Corp

Assumption

$384,106

Yes

First

Jun 26, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$377,916

$119,084

23%

76%

$2,303/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,220/mo

$2,303/mo

$-83/mo

5.4%

Learn About the Market: Opportunity in Dallas

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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.

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