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$203,410

7850 Mirage Valley Dr, Dallas, TX, 75232

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.99 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,030 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000750842600000
Lot Number10
SubdivisionHigh Meadow
Land UseResidential
Legal DescriptionHIGH MEADOW BLK F/7567 LT 10 INT20080041267 DD01292008 CO-DC 7567 00F 01000 2007567 00F
Census Tract011101
Assessed Land Value$60,000
Assessed Improvement Value$143,410
Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED 10-13-25** Investor Special in South Dallas! This solid brick 3-bedroom, 2-bath home with an attached 2-car garage offers a fantastic opportunity for investors or buyers looking for value and potential. All the big-ticket items have already been taken care of. The foundation was completed in 2007 and comes with a lifetime warranty. The roof, HVAC, and plumbing were all done just two years ago, giving peace of mind that the major systems are in great shape. The home also features washer and dryer connections in the garage, a back-entry 2-car garage accessible through the alley, and a fenced wood backyard that offers privacy and space to enjoy. Home is being sold AS IS. Survey available. Conveniently located near major highways I-20 and I-35, this property provides quick access to downtown Dallas, parks, schools, and shopping. With all the major improvements already done, this home is ready for someone to come in, add the cosmetic updates, and make it shine. Currently tenant occupied on a month-to-month lease, this home presents an excellent investment opportunity with strong potential for future resale or rental income. All information listed is deemed reliable, but buyer and buyer’s agent should do their due diligence to verify all information herein.

Investor Tools

Property Icon
$203,410
Estimated Property Value
$171,000Estimated Mortgage Balance
$33,650Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,220 /month
Positive
Cash Flow Estimate:
$407 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,909
$203,410
2025
$60,000
$143,410
$203,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,909
$203,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$171,000
No
First
Dec 15, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,760
$33,650
16%
83%
$1,026/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,026/mo
+$946/mo
11.6%

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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7850 Mirage Valley Dr | Property Details | No Agent List