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$248,000

NAL Estimated Property Value

7711 Leigh Ann Dr, Dallas, TX, 75232

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,214 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.93 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range

Exterior

Exterior FeaturesStorage
Lot Size9,685 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000752017000000
Lot Number2
SubdivisionOlde Farm
Land UseResidential
Legal DescriptionOLDE FARM ESTATES 2 BLK 9/7573 LOT 2 INT202300227915 DD11022023 CO-DC 7573 009 00200 2007573 009
Census Tract011105
Assessed Land Value$50,000
Assessed Improvement Value$139,140
Assessment Year2025

About this property

** ATTENTION FHA & VA BUYERS ** These are the type of sellers you want to work with! These Sellers are professional investors and everything they touch they make it better! If you're a first-time FHA or VA buyer looking for an affordable starter home with 'good bones', you just found it. There's nothing these sellers they haven't touched and improved since they've owned this cute and simple home. MAJOR REMODEL in 2017 when the owners purchased, that included: Double-pane low-E windows, Front Door + trim, Kitchen cabs + granite counters + tumbled marble backsplash, scraped ceilings, designer tiles in both bathrooms. ROOF & FENCE 2017. All hard floors, no carpet! WOOD-LOOK TILE FLOORS in the main areas with matching luxury vinyl plank floors in the bedrooms. SPRING 2025 FULL HOUSE FRESHEN-UP: NEW HVAC MAY 2025, epoxy garage floor, LVP in bedrooms, 2 chair-height toilets, 2 garage doors, ceiling fans & light fixtures, GAS STOVE (June). This home has been PAINTED INSIDE & OUT! Big central living area with open kitchen and breakfast nook. Updated trendy light fixtures + all new 2-in mini-blinds installed. Clean bedrooms and bathrooms! Giant 0.22 acre lot with 7-FT WOOD FENCE in the backyard, storage shed, shaded backyard backs to creek. House has been wired for security cameras + control module named 'Night Owl'. Central Dallas location close to major highways + 10 min from Downtown Dallas. Dallas ISD: Zoned for Carter HS. Dart bus line '47 Wheatland' runs in front of the house. Excellent location for those needing public transportation. THIS IS NOT A FLIP HOME! It's been the perfect long term rental for 8 years, now it's fixed up to today's standards and is ready for new owners. You can tell instantly this is a good house. See it, fall in love & make an offer!

Investor Tools

Property Icon
$248,000
Estimated Property Value
$244,184Estimated Mortgage Balance
$3,816Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,227
$189,140
2025
$50,000
$139,140
$189,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,227
$189,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Fha
$247,435
Yes
First
Aug 1, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,184
$3,816
1%
98%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,484/mo
+$488/mo
9.5%

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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7711 Leigh Ann Dr | Property Details | No Agent List