B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$700,000

7235 Alexander Drive, Dallas, TX, 75214

Off Market

3 Beds

2 Bath

1,954 Sq Ft

Single Family Residence

$358.24 / sqft

Built in 1954

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

FlooringWood

Exterior

Lot Size11,025 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000247285000000

Lot Number15

SubdivisionNorth Ridge

Land UseResidential

Legal DescriptionNORTH RIDGE ESTS BLK Y/2984 LT 15 INT202000167325 DD06252020 CO-DC 2984 00Y 01500 1002984 00Y

Census Tract008000

Assessed Land Value$771,750

Assessed Improvement Value$364,170

Assessment Year2025

About this property

Fabulous 3 bedroom 2 bath on a large lot on one of the most sought after streets in Lakewood. This darling house rests up on a beautifully treed lot. The inviting front porch is perfect for sitting on and watching neighbors walk by. From the newer windows, to the gleaming hardwood floors this house has everything you are looking for. The kitchen features custom cabinetry, granite countertops, stainless appliances and a large island that opens to the family room and has views of the shady oversized back yard. The private master bedroom has it's own bath that has been redone and a walk in closet.

Investor Tools

$1,216,000

Estimated Property Value

$0Estimated Mortgage Balance

$764,399Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,296 /month

Positive

Cash Flow Estimate:

$2,432 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,612/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,268

$1,135,920

2025

$771,750

$364,170

$1,135,920

Tax History

Year

Tax Paid

Assessed Value

2024

$13,268

$1,135,920

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$510,400

First

Jun 25, 2020

Jul 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$451,601

$764,399

62%

37%

$3,061/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,210/mo

$3,061/mo

$-851/mo

2.2%

Learn About the Market: Opportunity in Dallas

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 This Area