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$1,724,900

7212 Wake Forrest Dr, Dallas, TX, 75214

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths4,289 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$402.17 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Gas Cooktop, Microwave, Convection Oven, Double Oven

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size7,500 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000396826000000
Lot Number3
Land UseResidential
Legal DescriptionUNIVERSITY TERRACE REV BLK R/5426 LT 3 VOL93062/4159 EX032693 CO-DALLAS 5426 00R 00300 1005426 00R
Census Tract007902
Assessed Land Value$400,000
Assessed Improvement Value$254,100
Assessment Year2025

About this property

Experience exceptional luxury in this stunning new construction by Olerio Homes, ideally located in the highly sought-after University Terrace neighborhood and zoned to the acclaimed Lakewood Elementary. Thoughtfully designed with 4,289 square feet of sophisticated living space, this exceptional residence offers four spacious bedrooms, four and a half baths, a large study, and a floor plan that seamlessly blends elegance with everyday functionality. The heart of the home is an impressive open-concept living, dining, and entertaining space featuring beautiful blonde hardwood floors, soaring ceilings, custom cabinetry, a dramatic waterfall-edge island, built-in commercial-grade refrigerator, gas cooktop, double ovens, and an expansive walk-in pantry. The dedicated study provides the perfect work-from-home retreat. Tucked away upstairs is a luxurious primary suite and your own private sanctuary, complete with a spa-inspired bath featuring a freestanding soaking tub, oversized shower, and a custom walk-in closet. A rare additional primary suite on the first floor with its own ensuite bath offers incredible flexibility for guests or multigenerational living. Expansive sliding glass doors enhance the home's entertaining appeal and allow you to enjoy seamless indoor-outdoor living with two fireplaces—one anchoring the spacious living room and another creating a cozy atmosphere on the covered outdoor patio, perfect for year-round entertaining. Additional highlights include a generous laundry room, walk-in closets throughout, designer finishes, and the exceptional craftsmanship Olerio Homes is known for. Located just minutes from White Rock Lake, premier shopping, dining, and downtown Dallas, this extraordinary home offers the perfect combination of luxury, comfort, and one of East Dallas' most desirable locations.

Investor Tools

$0Estimated Mortgage Balance
$654,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,349 /month
Positive
Cash Flow Estimate:
$3,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,681
$654,100
2025
$400,000
$254,100
$654,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,681
$654,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$654,100
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
4.1%

City: Dallas

7212 Wake Forrest Dr | Property Details | No Agent List