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B+

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Owner Contacts

$352,000

NAL Estimated Property Value

7480 E Northwest Highway 137, Dallas, TX, 75231

Off Market

2 Beds

3 Bath

1,333 Sq Ft

Condos / Townhouses

$209.98 / sqft

Built in 1973

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard

Lot Size4.54 acres

Building Information

Year Built1973

Stories2

Roof Type105

Land Information

APN00000396563700000

SubdivisionWhite Rock West Condominium

Land UseResidential

Legal DescriptionWHITE ROCK WEST CONDOMINIUM BLK A/5426 BLDG K APT 137 & 1.89622% CE INT202100072740 DD03092021 CO-DC 5426 00A 000 1005426 00A

Census Tract007902

Assessed Land Value$150,020

Assessed Improvement Value$163,240

Assessment Year2025

About this property

Rare opportunity in White Rock Community in Lakewood Elem. This completely updated condo features 2 bedrooms, 2.5 bath, large living room with fireplace vaulted ceilings and large sliding door access to your private outdoor space, downstairs you will also find a completely updated kitchen and dining room along with a half bath. Upstairs you will find the master bedroom with walk in closets, double sink vanity and luxurious walk in shower in the master bathroom. The second bedroom also on the second floor has its own private bathroom with a walk in shower, great floor-plan for roommates. Minutes from lower Greenville and easy access to 75, White Rock Lake trails minutes away,steps from Dart Station access.

Investor Tools

$352,000

Estimated Property Value

$191,002Estimated Mortgage Balance

$160,998Estimated Equity

45% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,112 /month

Positive

Cash Flow Estimate:

$704 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$536/month

$307/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,672

$313,260

2025

$150,020

$163,240

$313,260

Tax History

Year

Tax Paid

Assessed Value

2024

$4,672

$313,260

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage And Investments Llc

Conventional

$212,000

First

Mar 9, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$191,002

$160,998

45%

54%

$1,272/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$1,579/mo

$-14/mo

5.3%

Learn About the Market: Opportunity in Dallas

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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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