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Owner Contacts

$717,510

NAL Estimated Property Value

7238 Fernmeadow Dr, Dallas, TX, 75248

Off Market

4 Beds

3 Bath

2,337 Sq Ft

Single Family Residence

$246.04 / sqft

Built in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Oven, Other, Refrigerator

FlooringCeramic Tile, Concrete, Other, Vinyl

Exterior

Lot Size11,900 sqft

Building Information

Year Built1969

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000796473000000

Lot Number6

SubdivisionPrestonwood

Land UseResidential

Legal DescriptionPRESTONWOOD ESTS BLK A/8188 LOT 6 INT202100304982 DD10122021 CO-DC 8188 000 00600 3008188 000

Census Tract013607

Assessed Land Value$200,000

Assessed Improvement Value$517,510

Assessment Year2025

About this property

Fully-Renovated home in the Prestonwood Estate, Stunning N. Dallas Location (RISD). This spacious 4 bedroom, 2.5 bathroom, 2,337 sqft home sits on over a quarter of an acre lot. Extensive updates include new windows, fresh paint (interior and exterior), wall texture, new luxury vinyl flooring throughout the home, new kitchen with quartz countertops and stainless steel appliances, new bathrooms with quartz countertops, new fixtures and much more. Stunning and move-in ready with a large backyard, covered patio and lots of space for entertaining and guests, this home will fit all your needs. Minutes away from highway 75, 635 and the Tollway.

Investor Tools

$717,510

Estimated Property Value

$0Estimated Mortgage Balance

$717,510Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,305 /month

Positive

Cash Flow Estimate:

$1,435 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,079/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,364

$717,510

2025

$200,000

$517,510

$717,510

Tax History

Year

Tax Paid

Assessed Value

2024

$9,364

$717,510

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$717,510

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

N/A

+$2,970/mo

5.0%

Learn About the Market: Opportunity in Dallas

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