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B+
NoAgentList RatingHow are grades calculated? Info

$1,155,000

7623 Kilmichael Lane, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$352.93 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,250 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000799444480000
Lot Number20
SubdivisionHighlands North Sec 2
Land UseResidential
Legal DescriptionHIGHLANDS NORTH SEC 2 BLK 13/8198 LT 20 VOL80112/0108 CO-DC 8198 013 02000 3DA8198 013
Census Tract013605
Assessed Land Value$300,000
Assessed Improvement Value$528,650
Assessment Year2025

About this property

Welcome to this stunning home located on one of the most coveted streets in Highlands North, with views of the pond! An opportunity rarely comes along to live here! Upon entering, you'll experience the office with a large picture window perfect for natural light while working from home. The living room offers a beamed, vaulted ceiling & tile fireplace. Beyond the living room is an additional sitting area with views of the pool and patio. This 4-bedroom home offers 3 full bathrooms, dining room, breakfast area, family room and a spacious laundry room and mudroom. The kitchen features a large island open to the living room, custom made cabinets with built in pantry, stainless steel appliances, and a dry bar. Custom lighting in the living room and primary bedroom which allows you to have a night-light vibe. Beyond the aesthetics of this immaculate home there's an oversized 2 car garage! Conveniently located near pond and walking-bike trail. Buyer and buyers agent to verify all information for accuracy.

Investor Tools

Property Icon
$1,155,000
Estimated Property Value
$0Estimated Mortgage Balance
$167,599Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,710 /month
Positive
Cash Flow Estimate:
$2,570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,012
$828,650
2025
$300,000
$528,650
$828,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,012
$828,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Credit Line (Revolving) / Heloc
$60,000
No
First
May 26, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$987,401
$167,599
14%
85%
$5,981/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$5,981/mo
$-3,011/mo
3.1%

Learn About the Market: Opportunity in Dallas

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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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7623 Kilmichael Lane | Property Details | No Agent List