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$668,900

$679,000

7738 Lemmonwood Dr, Dallas, TX, 75231

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,168 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$308.53 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Ice Maker, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size9,912 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000794101600000
Lot Number37
SubdivisionHighland West
Land UseResidential
Legal DescriptionBLK 8/8141 LOT 37 INT202400037420 DD01292023 CO-DC 8141 008 03700 3008141 008
Census Tract007825
Assessed Land Value$337,500
Assessed Improvement Value$286,740
Assessment Year2025

About this property

In the heart of Lake Highlands, Lemmonwood blends traditional home with tasteful contemporary touches, situated on a spacious corner lot near Arbor Park and the White Rock Creek Trail system connecting to White Rock Lake and portions of the Katy Trail corridor. This 3-bedroom, 2.5-bath single-story has been updated with recessed lighting, surround sound system, an energy efficient sunroom and an open floor plan. The home has wood and tile flooring, granite countertops, an office, and a fitness area. The backyard has also been turfed for an low-maintenance outdoor retreat perfect for entertaining or pets, while the prime location provides quick access to NorthPark Center, major highways, dining, shopping, and the highly sought after Lake Highlands lifestyle.

Investor Tools

$475,063Estimated Mortgage Balance
$199,298Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,032 /month
Positive
Cash Flow Estimate:
$1,344 /month

Interested in this property?

Alexis Rios

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,542
$624,240
2025
$337,500
$286,740
$624,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,542
$624,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Valley Mortgage Group
Conventional
$496,000
No
First
Jan 29, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$475,063
$201,937
29%
71%
$2,974/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,974/mo
$-1,002/mo
3.5%

City: Dallas

7738 Lemmonwood Dr | Property Details | No Agent List