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Owner Contacts

$500,000

7611 Burns Run, Dallas, TX, 75248

$650,000 ARV

Off Market

4 Beds

3 Bath

3,248 Sq Ft

Single Family Residence

$153.94 / sqft

Built in 1976

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesTrash Compactor, Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Tankless Water Heater

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Lot Size11,250 sqft

Building Information

Year Built1976

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000799448320000

Lot Number17

SubdivisionHighlands North Sec 2

Land UseResidential

Legal DescriptionHIGHLANDS NORTH SEC 2 BLK 3/8199 LT 17 INT202000179600 DD06252020 CO-DC 8199 003 01700 3DA8199 003

Census Tract013605

Assessed Land Value$300,000

Assessed Improvement Value$470,570

Assessment Year2025

About this property

Exceptionally maintained single story home in Highlands North! This home has large bedrooms, Family room, Game room, Dining room, Kitchen and Sunroom. Great open floor plan with kitchen open to family room, dining, breakfast and sunroom. Master bedroom and Sunroom have double sliding doors that take you out onto the stamped patio decking to enjoy the landscaped backyard. Master bath has separate walk in closets with back to back separate vanity areas. Carpeted Garage has additional 8 x 6 area for storage. Wonderful neighborhood with 2 parklike ponds nearby.

Investor Tools

$925,000

Estimated Property Value

$400,000Estimated Mortgage Balance

$571,080Estimated Equity

57% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$650,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,550 /month

Positive

Cash Flow Estimate:

$1,850 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,268/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,587

$770,570

2025

$300,000

$470,570

$770,570

Tax History

Year

Tax Paid

Assessed Value

2024

$10,587

$770,570

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Simmons Bank

Conventional

$400,000

First

Jun 25, 2020

Jul 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$353,920

$571,080

61%

38%

$2,399/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

$2,399/mo

+$571/mo

3.9%

Learn About the Market: Opportunity in Dallas

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