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$618,500

$639,500

7223 Edgerton Dr, Dallas, TX, 75231

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$333.42 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop
FlooringTile, Wood

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size7,399 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000400018000000
Lot Number15
SubdivisionUniversity Manor
Land UseResidential
Legal DescriptionUNIVERSITY MANOR BLK B/5440 LOT 15 INT202000255188 DD09182020 CO-DC 5440 00B 01500 3005440 00B
Census Tract007809
Assessed Land Value$285,000
Assessed Improvement Value$281,830
Assessment Year2025

About this property

A classic Texas front porch facing the sunrise welcomes you to this thoughtfully renovated, light-filled midcentury modern. Oversized windows, original hardwoods and two versatile living areas create interiors that feel both refined and inviting. The reimagined kitchen features quartz countertops, a marble backsplash, expansive cabinetry and a walk-in pantry with custom shelving, while both bathrooms have been completely updated with elevated finishes, including premium marble in the primary bath. A fireplace, generous utility room, custom primary closet and charming back porch overlooking the fully fenced yard add to the home’s thoughtful functionality. Significant improvements include all-new electrical wiring and panel (permitted), HVAC with whole-home air purification (2023), main sewer line, water heater and encapsulated crawl space with a dedicated dehumidifier - offering a rare combination of sophisticated design and true peace of mind. Beautifully renewed, effortlessly livable and filled with natural light - this is a home that simply feels good from the moment you arrive.

Investor Tools

$263,510Estimated Mortgage Balance
$372,099Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,804 /month
Positive
Cash Flow Estimate:
$1,268 /month

Interested in this property?

Amy Timmerman

Dave Perry Miller Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,944
$566,830
2025
$285,000
$281,830
$566,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,944
$566,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$296,000
No
First
Sep 18, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,510
$346,490
56%
42%
$1,775/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,775/mo
+$197/mo
3.7%

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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7223 Edgerton Dr | Property Details | No Agent List