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Owner Contacts

$600,000

7216 La Manga Drive, Dallas, TX, 75248

Off Market

4 Beds

2 Bath

2,654 Sq Ft

Single Family Residence

$226.07 / sqft

Built in 1972

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

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

FlooringCeramic Tile, Wood

Exterior

Private Pool

Lot Size8,886 sqft

Building Information

Year Built1972

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000797692630000

Lot Number41

SubdivisionPrestonwood

Land UseResidential

Legal DescriptionPRESTONWOOD 4 BLK N/8195 LT 41 INT202100198295 DD06302021 CO-DC 8195 00N 04100 3DA8195 00N

Census Tract013605

Assessed Land Value$260,000

Assessed Improvement Value$472,670

Assessment Year2025

About this property

Completely remodeled inside and out. Almost everything is new. New maple hardwood flooring throughout. New kitchen with shaker soft close cabinets, Calcutta QUARTZ counters, designer tile backsplash, farmhouse sink, SS Appliances with 5 Burner Gas cooktop, and SS Vent Hood. New light fixtures. New plumbing fixtures. Fresh paint inside and out. Designer fireplace. New windows, front door, patio French doors, and garage doors. New interior doors. Compete master bathroom remodel w free-standing tub, walk-in shower. Custom walk-in master closet. Hall bathroom with new double vanities, cabinets, quartz counters, frameless glass walk-in shower. New stamped concrete, outdoor area with gorgeous pool. New water heater.

Investor Tools

$770,000

Estimated Property Value

$0Estimated Mortgage Balance

$154,808Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,620 /month

Positive

Cash Flow Estimate:

$1,540 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,409/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,053

$732,670

2025

$260,000

$472,670

$732,670

Tax History

Year

Tax Paid

Assessed Value

2024

$13,053

$732,670

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$500,000

First

Jun 30, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$615,192

$154,808

20%

80%

$3,994/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

$3,994/mo

$-1,024/mo

4.6%

Learn About the Market: Opportunity in Dallas

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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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