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$388,000

NAL Estimated Property Value

8254 Clear Springs Road, Dallas, TX, 75240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,745 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.65 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Vented Exhaust Fan, Gas Water Heater
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,521 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000768895000000
Lot Number9
SubdivisionCentral Park North 1st Inst
Land UseResidential
Legal DescriptionCENTRAL PARK NORTH 1ST INST BLK 9/7759 LOT 9 INT202100297778 DD10042021 CO-DC 7759 009 00900 3007759 009
Census Tract019208
Assessed Land Value$90,000
Assessed Improvement Value$279,740
Assessment Year2025

About this property

Recently updated contemporary home located in Richardson ISD! This house offers open concept living with new flooring throughout. Beautifully updated kitchen with quartz countertops, glass tile backsplash and LED lighting. Multiple living-dining areas flanked with new cedar beams, vaulted ceilings and fresh paint throughout. The Master offers a bonus sitting area for added space. Both bathrooms have been updated with Quartz Counters, new faucets, lighting and more! Large lot with a shed for storage, 2 car garage and spacious driveway complete this great home. Front door lock, new HVAC, sprinkler system, and garage door are all smart electronics that can be controlled with your phone.

Investor Tools

Property Icon
$388,000
Estimated Property Value
$273,271Estimated Mortgage Balance
$114,729Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,773
$369,740
2025
$90,000
$279,740
$369,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,773
$369,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$299,250
No
First
Oct 4, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,271
$114,729
29%
70%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,795/mo
+$177/mo
6.1%

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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8254 Clear Springs Road | Property Details | No Agent List