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$650,000

7346 Walling Ln, Dallas, TX, 75231

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,417 Sq Ft
DuplexDuplex
price_per_sqft$1.69 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Refrigerator

Exterior

Lot Size10,257 sqft

Building Information

Year Built1964
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000400477000000
Lot Number3
SubdivisionWalling-Northwest
Land UseResidential
Legal DescriptionWALLING-NORTHWEST BLK 3/5440 LT 3 VOL2004194/6445 DD09302004 CO-DC 5440 003 00300 3005440 003
Census Tract007809
Assessed Land Value$200,000
Assessed Improvement Value$425,900
Assessment Year2025

About this property

Updated duplex located less than 3 miles east of Central Expressway off E. Northwest Hwy. near the White Rock Dart Rail Station. This rare duplex has over 1400 sqft, 3 bedrooms, 2 full baths and a single car garage. There are 2 bedrooms and 1 bath upstairs and 1 bedroom and a full bath downstairs. The den has a 2 story ceiling and a large fireplace and adjoins the kitchen and breakfast areas. The floor plan is open and bright and great storage throughout. Oak cabinetry, dishwasher, electric range, pantry and refrigerator with icemaker complete the kitchen. The attached rear entry garage has the washer and dryer connections conveniently accessible. There is also a large fenced and tree-shaded back yard that is nice and private. The havc system and all windows have been replaced and the utility costs reflect the savings that you normally would not find in a rental property. Don't miss the opportunity to live in the coveted Merriman Park and University Manor areas with quick access to White Rock Lake, Northpark Mall and Downtown. You will find that 2 bedroom duplexes in the area typically lease for $2200+, so this flexible floor plan and space is a bargain!

Investor Tools

Property Icon
$650,000
Estimated Property Value
$0Estimated Mortgage Balance
$650,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,704
$625,900
2025
$200,000
$425,900
$625,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,704
$625,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$650,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/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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7346 Walling Ln | Property Details | No Agent List