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$917,000

NAL Estimated Property Value

7603 Burns Run, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,197 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.86 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Other

Exterior

Exterior FeaturesRain Gutters
Lot Size11,250 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000799448400000
Lot Number21
SubdivisionHighlands North Sec 2
Land UseResidential
Legal DescriptionHIGHLANDS NORTH SEC 2 BLK 3/8199 LT 21 INT202000176267 DD07032020 CO-DC 8199 003 02100 3DA8199 003
Census Tract013605
Assessed Land Value$300,000
Assessed Improvement Value$471,760
Assessment Year2025

About this property

Gorgeous home in sought-after Highlands North, walking distance to Richardson ISD schools. This single story offers a formal living and dining areas, family room with gas starter brick fireplace, plus an additional game room with wet bar. The chic, modern kitchen was updated and boasts double ovens, stainless steel appliances, gas cooktop, granite counters and an eat-in breakfast area. The spacious master suite showcases a sitting area and an updated bathroom with walk-in shower, dual sinks, and a charming vanity area. The large backyard with extended patio, mature trees and lush landscaping is perfect for outdoor entertaining. Plenty of storage in home!! Click on movie-reel icon above for virtual tour

Investor Tools

Property Icon
$917,000
Estimated Property Value
$301,450Estimated Mortgage Balance
$615,550Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,502 /month
Positive
Cash Flow Estimate:
$1,834 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,214
$771,760
2025
$300,000
$471,760
$771,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,214
$771,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial Savings Fa
Conventional
$340,000
No
First
Jul 3, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,450
$615,550
67%
33%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$2,039/mo
+$931/mo
3.9%

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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7603 Burns Run | Property Details | No Agent List