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$815,000

NAL Estimated Property Value

7411 Lynworth Drive, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,768 Sq Ft
price_per_sqft$162.54 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Double Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,800 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000796487000000
Lot Number6
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD BLK E/8188 LOT 6 LYNWORTH DR INT202000085855 DD03242020 CO-DC 8188 00E 00600 3008188 00E
Census Tract013607
Assessed Land Value$250,000
Assessed Improvement Value$485,170
Assessment Year2025

About this property

Walk into this light and bright inviting family home in the heart of Prestonwood. Well maintained traditional home on quiet street three blocks from coveted Spring Creek Elementary School. Four bedrooms, one split, three full baths, and three living areas. Updates include popcorn removal; Pella and Andersen low maintenance wood windows, all with low-E energy saving glass; electrical panel; low maintenance Leaf Guard gutters feed into French drain; low maintenance eaves and fascia. Short walk to Arapaho Park, Preston Ridge Trail, new Fretz water park, library and tennis center.

Investor Tools

Property Icon
$815,000
Estimated Property Value
$412,175Estimated Mortgage Balance
$402,825Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,890 /month
Positive
Cash Flow Estimate:
$1,630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,349
$735,170
2025
$250,000
$485,170
$735,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,349
$735,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$468,750
No
First
Mar 24, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,175
$402,825
49%
51%
$2,811/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$2,811/mo
+$159/mo
4.4%

City: Dallas

7411 Lynworth Drive | Property Details | No Agent List