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$825,000

7262 Fernmeadow Dr, Dallas, TX, 75248

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$318.04 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal

Exterior

Private PoolPrivate Pool

Building Information

Garage Spaces2

About this property

Beautifully updated home in Prestonwood Estates on an oversized 16,464-square-foot lot — approximately 0.38 acres — with a sparkling pool, spa and rare outdoor space. Unlike many pool homes where the pool consumes most of the yard, this property offers generous green space for play, pets, gardening, entertaining or simply enjoying a more open, park-like backyard setting. Inside, the home has been thoughtfully updated with an opened-up floor plan designed for comfortable everyday living and easy entertaining. Newly finished real hardwood floors run throughout the common areas, complemented by fresh interior paint, new brass hardware and pulls, and newer Berber carpet in the bedrooms. The kitchen features new Taj Mahal quartz countertops, new sink and faucet, new range, dishwasher and disposal, plus new brass fixtures that continue into the dining area. All bathrooms have also been refreshed with new Taj Mahal quartz countertops, sinks and faucets. The true three-bedroom layout includes a large flex space ideal for a home gym, studio, playroom, hobby room or second living area. Between the den and backyard, a spacious, light-filled area offers an excellent option for a home office, reading nook or sitting area, with views of the pool and expansive backyard. Outdoor living is a true highlight, with a resurfaced pool and spa, limestone coping, upgraded paver overlay at the backyard and front entrance, gas pool heater and newer wireless pool control unit. See detailed list of improvements and updates in MLS documents. Located in Far North Dallas and Richardson ISD, the home offers convenient access to shopping, dining, recreation and major Dallas employment centers. Preston Ridge Trail and Fretz Park are just across the street, Arapaho Park serves as the neighborhood park, and Hillcrest Village is just down the street for popular dining and entertainment.

Investor Tools

$0Estimated Mortgage Balance
$486,062Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,118 /month
Positive
Cash Flow Estimate:
$1,706 /month

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Robyn Price

Christie's Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,384/month
No HOA
5.947%

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.

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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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7262 Fernmeadow Dr | Property Details | No Agent List