6view

Owner Contacts

$505,000

NAL Estimated Property Value

7607 El Pensador Dr, Dallas, TX, 75248

Off Market

3 Beds

2 Bath

1,967 Sq Ft

$240.98 / sqft

Built in 1968

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator

FlooringVinyl

Exterior

Lot Size10,401 sqft

Building Information

Year Built1968

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000798232000000

Lot Number1

SubdivisionRichardson Hgts

Land UseResidential

Legal DescriptionRICHARDSON HGTS ESTS WEST 2ND SEC BLK 15/8196 LT 1 INT202300086237 DD05012023 CO-DC 8196 015 00100 3DA8196 015

Census Tract013605

Assessed Land Value$112,000

Assessed Improvement Value$363,490

Assessment Year2025

About this property

Beautiful home on large corner lot that backs to Preston Trail. Updated floor plan and open concept perfect for entertaining. Current owner has completed a full house LED light conversion, front yard landscape overhaul, attic solar fan, new R38 insulation added, Frigidaire Gallery gas range in 2020, roof and gutters in 2019 and 4-Ton Trane HVAC and heater system with smart thermostat in 2019. LVP installed in living and kitchen areas. Enjoy the covered back porch with ceiling fan.There are 2 raised beds for gardening plus a concrete area to add a fire pit. Easy access from back gate to enjoy a walk or bike ride on the prettiest section of Preston Trail. Kids can easily walk to popular Bowie Elementary.Wonderful location with easy access to Dallas N Tollway, LBJ-635, PGBT-190 for convenient commute to downtown or the Plano & Frisco area. 30 minutes to DFW Airport and Dallas Love Field. A great neighborhood close to shopping and restaurants. Seller paid home 1 yr home warranty.

Investor Tools

$505,000

Estimated Property Value

$380,836Estimated Mortgage Balance

$124,164Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,030 /month

Positive

Cash Flow Estimate:

$1,010 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$905/month

$50/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,333

$475,490

2025

$112,000

$363,490

$475,490

Tax History

Year

Tax Paid

Assessed Value

2024

$8,333

$475,490

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Comerica Bank

Conventional

$372,400

First

May 1, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$380,836

$124,164

24%

75%

$2,413/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

$2,463/mo

$-183/mo

5.4%

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