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$779,900

7260 Alto Caro Dr, Dallas, TX, 75248

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$303.46 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Combination, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size11,799 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000797686500000
Lot Number1
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD 2 BLK D/8195 LT 1 VOL82110 PG1953 CO-DC 8195 00D 00100 3DA8195 00D
Census Tract013605
Assessed Land Value$260,000
Assessed Improvement Value$308,500
Assessment Year2025

About this property

A Rare Opportunity in One of North Dallas’ Most Established Neighborhoods. Set on a beautiful corner lot beneath a canopy of mature trees, this spacious 4-bedroom, 3-bath home offers the kind of setting, character, and versatility that are increasingly hard to find. With generous living spaces, a private backyard retreat, and endless potential to personalize, this is a home ready for its next chapter. Inside, you'll find a large living room anchored by a fireplace and complemented by new luxury plank flooring, a formal dining room, dedicated office, and a spacious kitchen featuring double ovens and an adjoining breakfast area overlooking the backyard and pool. One bedroom is currently being enjoyed as a second living area and can easily be returned to bedroom use, providing flexibility for a variety of needs. The sunroom is a standout feature, surrounded by windows with beautiful views of the pool and backyard. Heated and equipped with a mini-split for year-round comfort, it creates an inviting extension of the home's living and entertaining space. Outside, mature trees provide wonderful natural shade while the expansive backyard offers a private setting for entertaining, relaxing, and enjoying the pool. Additional features include an outdoor heated shower, storage shed, generous yard space, and a rear-entry two-car garage with convenient alley access. The home has been lovingly enjoyed and offers an exceptional opportunity for a new owner to incorporate their own style and updates while preserving the character and features that make this property special. Ideally situated near highly regarded schools, hospitals, shopping, dining, and major North Dallas conveniences. Beautiful trees. Exceptional lot. Flexible living spaces. Poolside living. An established North Dallas setting, and an opportunity to truly make it your own.

Investor Tools

$205,452Estimated Mortgage Balance
$550,548Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,679 /month
Positive
Cash Flow Estimate:
$1,560 /month

Interested in this property?

Gracie Vela

Vela Realty Group LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,086
$568,500
2025
$260,000
$308,500
$568,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,086
$568,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
One Reverse Mortgage Llc
Reverse Mortgage / Hecm
$352,500
No
First
Sep 18, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,452
$550,548
72%
27%
$2,114/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$2,114/mo
+$856/mo
4.7%

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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7260 Alto Caro Dr | Property Details | No Agent List