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$610,000

NAL Estimated Property Value

7216 Alto Caro Dr, Dallas, TX, 75248

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,011 Sq Ft
price_per_sqft$283.44 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,190 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000797686480000
Lot Number47
Land UseResidential
Legal DescriptionPRESTONWOOD 2 BLK C/8195 LT 47 INT202300061282 DD03302023 CO-DC 8195 00C 04700 3DA8195 00C
Census Tract013605
Assessed Land Value$260,000
Assessed Improvement Value$327,710
Assessment Year2025

About this property

MULTIPLE OFFERS: Deadline 6PM Sunday, March 5. Welcome to this wonderfully updated home nestled in Prestonwood, walking distance to RISD schools. As you walk through the front door, there is a formal living and dining area then you will step into the family room that opens up to the kitchen, with the sunroom right off - perfect for entertaining. Beautiful hardwood floors and a cozy fireplace round out the space. The open kitchen has stainless steel appliances, quartzite countertops, and plenty of storage space. The primary bedroom features a large walk-in closet and a updated bathroom with dual sinks and dual walk-in shower. The fourth bedroom was split in half to accomodate the walk in closet, can easily be turned back into a 4th or used as playroom or office. The sparkling pool is perfect for cooling off on hot summer days, and the sunroom is the ideal spot for hosting barbecues and outdoor gatherings. HVAC - 2021, roof and windows - 2016, pool resurfaced - 2016 and more!

Investor Tools

Property Icon
$610,000
Estimated Property Value
$560,075Estimated Mortgage Balance
$49,925Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,770
$587,710
2025
$260,000
$327,710
$587,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,770
$587,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$565,000
No
First
Nov 3, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$560,075
$49,925
8%
92%
$3,388/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$3,388/mo
$-1,108/mo
4.5%

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.

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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7216 Alto Caro Dr | Property Details | No Agent List