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$389,000

8148 Clear Springs Rd, Dallas, TX, 75240

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.47 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Vented Exhaust Fan
FlooringCarpet, Hardwood, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,308 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000768502000000
Lot Number6
SubdivisionCentral Park
Land UseResidential
Legal DescriptionCENTRAL PARK BLK 8/7758 LOT 6 INT201800220082 DD08152018 CO-DC 7758 008 00600 3007758 008
Census Tract019208
Assessed Land Value$90,000
Assessed Improvement Value$283,000
Assessment Year2025

About this property

Completely updated, beautifully refreshed, and truly move-in ready, this stunning 3-bedroom, 2-bath single-story home is nestled in Dallas’ desirable Central Park community. The bright, open floor plan showcases fresh interior and exterior paint, new flooring, stylish lighting, updated door hardware, and new appliances throughout. A spacious living room centered around a stunning stone fireplace flows seamlessly into the beautifully renovated kitchen, featuring stainless steel appliances, a custom vent hood, abundant cabinetry, and an oversized breakfast bar perfect for casual dining and entertaining. The private primary suite offers a relaxing retreat with a beautifully updated bath and oversized walk-in shower, while two generously sized secondary bedrooms provide flexibility for guests, family, or a home office. Outside, enjoy a covered patio, expansive backyard, and gated driveway leading to the rear-entry garage. A new HVAC system adds comfort and peace of mind. Conveniently located near I-635 and US-75, with easy access to shopping, dining, parks, and everyday amenities, this exceptional home is within walking distance of RISD Elementary Academy and zoned to Richardson ISD. Fresh, stylish, and ready for its next owner!

Investor Tools

$268,988Estimated Mortgage Balance
$114,012Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Michael Hershenberg

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,721
$373,000
2025
$90,000
$283,000
$373,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,721
$373,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Andres Guzman
Assumption
$275,500
Yes
First
Apr 4, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,988
$114,012
29%
70%
$1,652/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,652/mo
+$320/mo
6.2%

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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8148 Clear Springs Rd | Property Details | No Agent List