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$1,328,000

NAL Estimated Property Value

7242 Alexander Dr, Dallas, TX, 75214

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,609 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.3 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size11,200 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000247660000000
Lot Number16
SubdivisionNorth Ridge
Land UseResidential
Legal DescriptionNORTH RIDGE ESTATES BLK X/2985 LOT 16 INT200600160221 DD04272006 CO-DC 2985 00X 01600 1002985 00X
Census Tract008000
Assessed Land Value$784,000
Assessed Improvement Value$449,310
Assessment Year2025

About this property

Welcome to 7242 Alexander Drive, a stunning home offering 3 bedrooms, 2 full baths, and 2,609 square feet of luxurious living space. The expansive living room features a cozy fireplace, perfect for relaxing. A spacious family room with built-ins, open to the kitchen provides a warm and inviting atmosphere. The kitchen boasts granite countertops and stainless steel appliances, including a built-in microwave, gas cooktop, double oven, and refrigerator. Enjoy meals in the large dining room, ideal for gatherings.The primary suite offers multiple closets and built-in cabinetry, with a bathroom featuring marble countertops, a soaking tub, and a separate shower. Additional highlights include wood floors throughout, a full-sized utility room with washer and dryer, and newer HVAC and hot water heaters. Outside, mature trees, a stone deck, iron fence, automatic driveway gate, and a sprinkler system enhance the appeal. With a detached two-car garage and walking distance to White Rock Lake, this home is a true gem, zoned to Lakewood Elementary, which is also within walking distance.

Investor Tools

Property Icon
$1,328,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,328,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,968 /month
Positive
Cash Flow Estimate:
$2,656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,286
$1,233,310
2025
$784,000
$449,310
$1,233,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,286
$1,233,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,277,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
2.0%

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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7242 Alexander Dr | Property Details | No Agent List