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Owner Contacts

$803,040

NAL Estimated Property Value

8046 Fair Oaks Avenue, Dallas, TX, 75231

Off Market

3 Beds

3 Bath

2,324 Sq Ft

Single Family Residence

$180.29 / sqft

Built in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Gas Water Heater

FlooringCeramic Tile, Laminate, Slate, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Storage

Lot Size9,681 sqft

Building Information

Year Built1979

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000793954220000

Lot Number12

SubdivisionAlexanders Village #1

Land UseResidential

Legal DescriptionALEXANDERS VILLAGE #1 BLK 5/8134 LT 12 INT201900098570 DD04172019 CO-DC 8134 005 01200 3008134 005

Census Tract007812

Assessed Land Value$300,000

Assessed Improvement Value$503,040

Assessment Year2025

About this property

Beautifully updated home in the heart of Lake Highlands. Two minutes to highly-rated Merriman Park Elementary. Spacious 3 bedroom home with flexible floor plan. Updated floors and baths. Remodeled kitchen has a French country flair. Roomy utility room has tons of storage and room for a freezer. Huge master bath has walk-in closets, separate vanities, jetted tub and separate shower. Backyard features a gazebo with outdoor living area including fireplace, hot tub, and 8-foot privacy fence. The circular dive plus easy access to the rear entry garage offer several parking options. Close to Town Center, DART station, Moss Park and hike & bike trails. Great location with easy access to downtown and North Dallas.

Investor Tools

$803,040

Estimated Property Value

$285,775Estimated Mortgage Balance

$517,265Estimated Equity

64% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,818 /month

Positive

Cash Flow Estimate:

$1,606 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,192/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,294

$803,040

2025

$300,000

$503,040

$803,040

Tax History

Year

Tax Paid

Assessed Value

2024

$10,294

$803,040

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

National Bank Of Kansas City

Conventional

$325,000

First

Mar 20, 2020

Apr 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$285,775

$517,265

64%

36%

$1,949/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,949/mo

+$623/mo

3.8%

Learn About the Market: Opportunity in Dallas

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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.

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