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$653,110

8257 Folcroft Ln, Dallas, TX, 75231

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.06 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Microwave

Exterior

Lot Size1,675 sqft

Building Information

Year Built2017
Stories3
Roof Type105
Garage Spaces2

Land Information

APN006138000E0270000
Lot Number27
Land UseResidential
Legal DescriptionMERION AT MIDTOWN PARK 1 BLK E/6138 LT 27 INT202400069535 DD04052024 CO-DC 6138 00E 02700 3DA6138 00E
Census Tract007823
Assessed Land Value$125,000
Assessed Improvement Value$528,110
Assessment Year2025

About this property

$15K BUYER'S INCENTIVE~GATED COMMUNITY~END UNIT ~PRIVATE ELEVATOR~STYLISH AND MODERN OPEN FLOORPLAN WITH TONS OF NATURAL LIGHTING~BEDROOMS ON EACH LEVEL~BALCONY AND PATIO WITH YARD~ EXTREMELY CLOSE TO POOL. Welcome to your new urban living lifestyle in a prestigious gated community.This immaculate and newer 3 story Chesmar Homes offers environments for living -Platinum and Green certifications for extremely low utility bills. Merion at Midtown Park offers resort style outdoor pool with water features, poolside cabanas,multiple outdoor kitchens, fire pits for entertaining, walking trails, tree view of Royal Oaks Country Club.Luxurious kitchen & two spacious entertaining and living areas.Stainless steel 5 burner gas range, granite counter tops.Primary bedroom is on the second floor with upscale shower, tub, walkin coffee bar.Each of the guest suites have their own private bathrooms.Walking distance to multiple hospitals&medical offices.15 Min. commute to downtown. Location is key!

Investor Tools

Property Icon
$653,110
Estimated Property Value
$507,200Estimated Mortgage Balance
$165,723Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,919 /month
Positive
Cash Flow Estimate:
$1,306 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,249/month
$133/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,728
$653,110
2025
$125,000
$528,110
$653,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,728
$653,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$507,200
No
First
Mar 6, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$487,387
$165,723
25%
75%
$3,041/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,174/mo
$-1,202/mo
3.6%

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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8257 Folcroft Ln | Property Details | No Agent List