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$238,810

NAL Estimated Property Value

7506 Rice Ln, Dallas, TX, 75241

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,427 Sq Ft
price_per_sqft$126.14 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Oven, Refrigerator, Electric Water Heater
FlooringLaminate, Tile

Exterior

Exterior FeaturesNo Exterior Steps
Lot Size6,021 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces1

Land Information

APN006630000A0070000
SubdivisionWisdom Terrace Ph 5
Land UseResidential
Legal DescriptionWISDOM TERRACE PH 5 BLK A/6630 LT 7 INT202100132157 DD04262021 CO-DC 6630 00A 00700 4DA6630 00A
Census Tract011201
Assessment Year2025

About this property

Located in the East side of Lost Creek, off IH35 Quiet community wrapped around with the Rickett's Branch Park. The house has no back neighbors, with only the greenbelt as a view. A solid house with very good bones. The four bedrooms are actually very roomy. Ideal for any type of household. Single story. Large beautiful backyard. Very close to the University of North Texas at Dallas. Very motivated Sellers!! Please Contact agent for showings, Owner occupied!

Investor Tools

Property Icon
$238,810
Estimated Property Value
$130,245Estimated Mortgage Balance
$108,818Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,433 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,337
$238,810
2025
N/A
N/A
$238,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,337
$238,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$144,000
No
First
Apr 26, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,245
$108,565
45%
55%
$864/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$864/mo
+$1,708/mo
12.9%

City: Dallas

7506 Rice Ln | Property Details | No Agent List