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$845,000

7160 Blackwood Dr, Dallas, TX, 75231

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,483 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.31 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size9,897 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000763258500000
Lot Number3
SubdivisionMerriman Park
Land UseResidential
Legal DescriptionMERRIMAN PARK ESTS BLK C/7682 LOT 3 VOL96067/3818 DD032296 CO-DALLAS 7682 00C 00300 3007682 00C
Census Tract007824
Assessed Land Value$320,000
Assessed Improvement Value$337,220
Assessment Year2025

About this property

Located in highly sought-after Merriman Park Estates in the heart of Lake Highlands, this fully renovated home offers exceptional style, comfort, and convenience. Enjoy a prime Dallas location with easy access around the city without relying on major thoroughfares, and just minutes from White Rock Lake’s hike and bike trails. Inside, the home has been completely updated with designer finishes throughout. The stunning kitchen features custom cabinetry in a soft modern palette, quartz countertops, brass hardware, stainless steel appliances, a statement vent hood, large center island with cooktop, and abundant storage. The open layout flows seamlessly into the spacious living area with vaulted ceilings, exposed beams, built-ins, wood flooring, and a striking white brick fireplace—ideal for entertaining. The primary suite offers a spa-like bath with a freestanding soaking tub, oversized glass shower, dual vanities, and elegant marble surfaces. Secondary baths have also been beautifully updated with timeless finishes. Designer paint selections, updated lighting, and modern metal fixtures elevate every space. Step outside to a private backyard framed by mature trees, fresh landscaping, and a covered patio—perfect for relaxing or hosting guests. Zoned to award-winning Merriman Park Elementary, the gem of the community, this move-in ready home combines location, luxury updates, and lifestyle. A rare opportunity in one of Lake Highlands’ most desirable neighborhoods.

Investor Tools

Property Icon
$828,000
Estimated Property Value
$0Estimated Mortgage Balance
$828,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,070 /month
Positive
Cash Flow Estimate:
$1,690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,062
$657,220
2025
$320,000
$337,220
$657,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,062
$657,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$828,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
3.7%

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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7160 Blackwood Dr | Property Details | No Agent List