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Days60Days on Market
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$750,000

$824,999

7220 Canongate Dr, Dallas, TX, 75248

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,232 Sq Ft
price_per_sqft$336.02 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator

Exterior

Private PoolPrivate Pool
Lot Size8,458 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000799470440000
Lot Number5
SubdivisionHillcrest Manor 1st Sec
Land UseResidential
Legal DescriptionHILLCREST MANOR 1ST SEC BLK G/8201 LT 5 CO-DC 8201 00F 00500 3DA8201 00F
Census Tract013618
Assessed Land Value$270,000
Assessed Improvement Value$328,000
Assessment Year2025

About this property

Beautifully renovated and thoughtfully overbuilt for its price, this stunning 3-bedroom, 3-bath home also features a spacious office that easily functions as a fourth bedroom. Flooded with natural light from expansive windows and multiple skylights, the home showcases a custom kitchen with a butler's pantry, a striking stucco fireplace, and a luxurious primary suite with heated bathroom floors. Step outside to your private backyard featuring a pool and custom covered patio, perfect for entertaining or relaxing. Located in the highly sought-after Richardson ISD, this home offers exceptional craftsmanship, premium finishes, and incredible value that truly sets it apart!

Investor Tools

$529,550Estimated Mortgage Balance
$312,239Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,046 /month
Positive
Cash Flow Estimate:
$1,682 /month

Interested in this property?

Alexander Cotney

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,830
$598,000
2025
$270,000
$328,000
$598,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,830
$598,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Westport Capital Partners Llc
Purchase Money Mortgage
$535,000
No
First
Nov 13, 2025
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$529,550
$336,450
38%
63%
$3,208/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$3,208/mo
$-928/mo
3.3%

Learn About the Market: Opportunity in Dallas

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Explore

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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7220 Canongate Dr | Property Details | No Agent List