B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$240,000

NAL Estimated Property Value

7431 Concordia Ln, Dallas, TX, 75241

Off Market

4 Beds

3 Bath

1,621 Sq Ft

Single Family Residence

$116.59 / sqft

Built in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size4,995 sqft

Building Information

Year Built2002

Stories2

Roof Type105

Garage Spaces2

Land Information

APN006629000M0400000

SubdivisionWisdom Terrace Ph 2

Land UseResidential

Legal DescriptionWISDOM TERRACE PH 2 BLK M/6629 LT 40 INT202400030868 DD02092024 CO-DC 6629 00M 04000 4DA6629 00M

Census Tract011201

Assessment Year2025

About this property

Investment opportunity or Handyman special. Large newer home in a well established neighborhood, Minutes to UNT, and major freeways. Price reflects home needs TLC, mostly cosmetic to get this beautiful home to full potential. Being sold as is for cash with highest and best offer!! No wholesalers, and no blind offers will be accepted. Lots of equity, don't let this one get away! Hurry!!

Investor Tools

$240,000

Estimated Property Value

$390,001Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,440 /month

Positive

Cash Flow Estimate:

$480 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$553/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,434

$235,000

2025

N/A

$235,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,434

$235,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Clink N Close Inc

Reverse Mortgage / Hecm

$405,000

First

Nov 23, 2022

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$390,001

N/A

163%

$2,769/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,769/mo

$-197/mo

12.9%

Learn About the Market: Opportunity in Dallas

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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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