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Owner Contacts

$1,056,000

NAL Estimated Property Value

7162 Carrousel Cir, Dallas, TX, 75214

Off Market

4 Beds

3 Bath

2,493 Sq Ft

Single Family Residence

$401.12 / sqft

Built in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater

FlooringCarpet, Ceramic Tile

Exterior

Private Pool

Exterior FeaturesRain Gutters, Private Yard, Storage

Lot Size8,943 sqft

Building Information

Year Built1971

Stories1

Roof Type105

Land Information

APN00000248420560000

Lot Number17

SubdivisionLakewood North

Land UseResidential

Legal DescriptionLAKEWOOD NORTH ESTS BLK 4/2991 LOT 17 INT202400087030 DD04302024 CO-DC 2991 004 01700 1002991 004

Census Tract008000

Assessed Land Value$626,010

Assessed Improvement Value$287,870

Assessment Year2025

About this property

Location, Location, Location! Escape the city without leaving Dallas! Nature lovers will appreciate the 3-minute walk to White Rock Lake and Park plus the Katy Trail system. Indulge in a picture-perfect backyard, boasting a refreshing pool & generously-sized covered patio - the perfect setting for entertaining and creating memories that last a lifetime. This 4 bedroom, 3 bath home comes with 2 primary bedrs, each with an en suite bath and 2 secondary bedrooms sharing a full bath. Two living rooms provide space to unwind and seamless access to the amazing backyard. 1-year-old AC system, 2-year-old water heaters and appliances. Enjoy access to the coveted Lakewood Elementary, nearby Ridgewood Belcher Rec Center, close-by shopping, dining, SMU, Arboretum and all amenities that the heart of Dallas has to offer.

Investor Tools

$1,056,000

Estimated Property Value

$531,301Estimated Mortgage Balance

$524,699Estimated Equity

49% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,336 /month

Positive

Cash Flow Estimate:

$2,112 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,142/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$20,425

$913,880

2025

$626,010

$287,870

$913,880

Tax History

Year

Tax Paid

Assessed Value

2024

$20,425

$913,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$552,000

First

Apr 30, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$531,301

$524,699

49%

50%

$3,310/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$3,310/mo

$-430/mo

3.3%

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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