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Days167Days on Market
Views20view

$679,000

7937 Deer Trail Drive, Dallas, TX, 75238

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,735 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$391.35 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,748 sqft

Building Information

Year Built1955
Stories1
Roof Type105

Land Information

APN00000401209000000
Lot Number9
SubdivisionWhite Rock Highlands
Land UseResidential
Legal DescriptionWHITE ROCK HIGHLANDS BLK 5/5445 LOT 9 INT202300109935 DD06052023 CO-DC 5445 005 00900 3005445 005
Census Tract013013
Assessed Land Value$500,000
Assessed Improvement Value$150,000
Assessment Year2025

About this property

Attention renovators, builders, and visionaries—this is the opportunity you’ve been waiting for! Nestled in White Rock Highlands and zoned to the highly sought-after White Rock Elementary, this prime location ensures lasting value and investment security. Outdoor enthusiasts will appreciate the close proximity to White Rock Lake, Flag Pole Hill Park, and a plethora of trails and parks. Perched on a hillside, this California-inspired Craftsman bungalow presents endless potential. Renovate and expand to create your dream home, or take advantage of the lot and build new—the choice is yours. Deer Trail Drive is known for its rolling terrain, mature trees, and scenic views, offering a serene, almost rural setting while remaining just minutes from all the conveniences Lake Highlands has to offer. Property is being Sold As-Is. Don’t miss your chance to create something truly special in this picturesque and highly desirable neighborhood!

Investor Tools

$523,478Estimated Mortgage Balance
$148,522Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,074 /month
Positive
Cash Flow Estimate:
$1,358 /month

Interested in this property?

Thani Burke

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$795/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,184
$650,000
2025
$500,000
$150,000
$650,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,184
$650,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ksl Family Investments Llc
Purchase Money Mortgage
$541,248
No
First
Aug 29, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$523,478
$148,522
22%
78%
$3,246/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,246/mo
$-1,274/mo
3.5%

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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7937 Deer Trail Drive | Property Details | No Agent List