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$261,300

7238 Buford Dr, Dallas, TX, 75241

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,705 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.22 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop

Exterior

Lot Size4,982 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN006629000J0130000
Lot Number13
SubdivisionWisdom Terrace Ph 1
Land UseResidential
Legal DescriptionWISDOM TERRACE PH 1 BLK J/6629 LT 13 INT202400083305 DD04252024 CO-DC 6629 00J 01300 4DA6629 00J
Census Tract011201
Assessed Land Value$60,000
Assessed Improvement Value$201,300
Assessment Year2025

About this property

MOTIVATED SELLERS! BACK ON MARKET, DUE TO BUYERS FINANCING! Step inside 7238 Buford Drive and be captivated by the expansive living room that showcases the open layout effortlessly, flowing from one space to another while maintaining distinct areas. In the heart of the 1,705 sq ft home, the kitchen features chic granite countertops and ample cabinet and counter space, extending into a dining area that comfortably seats a 6-person table and offers direct access to a private, fenced backyard. The practical two-car garage opens into a mudroom, designed to fit a full-size washer and dryer, complete with necessary connections and overhead storage. This home's prime location is a true asset, offering easy access to I-35E, ideal for commuting. Its proximity to UNT Dallas is perfect for university affiliates, while the nearby Runyon Creek Trail provides serene walks and jogs for nature lovers. Schedule your showing today and experience the allure of 7238 Buford Drive firsthand.

Investor Tools

Property Icon
$261,300
Estimated Property Value
$247,000Estimated Mortgage Balance
$23,562Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,840
$261,300
2025
$60,000
$201,300
$261,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,840
$261,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$247,000
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,738
$23,562
9%
91%
$1,481/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,481/mo
+$491/mo
9.1%

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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