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$400,000

7706 El Pastel Drive, Dallas, TX, 75248

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.11 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,608 sqft

Building Information

Year Built1968
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000798598000000
Lot Number29
SubdivisionRichardson Hgts
Land UseResidential
Legal DescriptionRICHARDSON HGTS ESTS WEST 3RD SEC BLK 19/8196 LT 29 INT202000174693 DD07022020 CO-DC 8196 019 02900 3DA8196 019
Census Tract013605
Assessed Land Value$160,000
Assessed Improvement Value$355,000
Assessment Year2025

About this property

Adorable four bedroom home in Richardson ISD and Bowie Elementary. Nestled on a large treed corner lot, this home offers much flexibility and space! Recent updates include complete interior paint, heating & air replaced 2016, hot water heater & roof replaced in 2016, and energy efficient windows. Dining room perfect for sit down dinner with gorgeous bay windows. Second living space with raised hearth fireplace and pool view. Space efficient kitchen with granite counters and stainless appliances. Huge bedrooms all with large closets. Laundry room has pantry for extra storage. Enjoy the backyard all year long with open deck and large pool! Close to Preston Ridge hike and bike trail and shopping.

Investor Tools

Property Icon
$575,000
Estimated Property Value
$0Estimated Mortgage Balance
$239,944Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$988/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,980
$515,000
2025
$160,000
$355,000
$515,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,980
$515,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$364,849
No
First
Jan 30, 2022
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,056
$239,944
41%
58%
$2,188/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$2,188/mo
+$782/mo
6.2%

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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7706 El Pastel Drive | Property Details | No Agent List