NoAgentList RatingHow are grades calculated?

1view

$615,000

7208 Winedale Drive, Dallas, TX, 75231

$730,565 ARV

Off Market

4 Beds

3 Bath

2,855 Sq Ft

Single Family Residence

$215.41 / sqft

Built in 1977

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size8,602 sqft

Building Information

Year Built1977

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000793982660000

SubdivisionMerriman Park Ests #5

Land UseResidential

Legal DescriptionMERRIMAN PARK ESTS #5 BLK 4/8135 LT 4 WINEDALE DR INT202000185366 DD07152020 CO-DC 8135 004 00400 3008135 004

Census Tract007824

Assessment Year2025

About this property

Beautifully updated & welcoming home in the highly desirable Merriman Park Elementary neighborhood. With 4 bedrooms & 3 baths, a large game room which could easily be a 5th bedroom, spacious backyard with a sparkling pool, & walking distance to MPE and LH Town Center, this is the perfect family home! The updated kitchen features Corian c-tops, SS appliances, subway tile backsplash & breakfast area overlooking the backyard & pool. The 1st floor master includes a sitting area, large walk in closet & updated bath with marble c-tops, dual sinks & separate shower & tub. Other features include hardwood floors throughout the 1st floor, newer roof (2019), 2 newer HVAC units (2016) & water heater (2020). A true gem!

Investor Tools

$858,000

Estimated Property Value

$0Estimated Mortgage Balance

$418,238Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$730,564

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,148 /month

Positive

Cash Flow Estimate:

$1,716 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,399/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,504

$685,630

2025

N/A

$685,630

Tax History

Year

Tax Paid

Assessed Value

2024

$12,504

$685,630

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Willow Bend Mortgage Co

Conventional

$496,000

First

Jul 15, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$439,762

$418,238

48%

51%

$2,974/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,974/mo

$-402/mo

3.6%

Learn About the Market: Opportunity in Dallas

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