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Owner Contacts

$314,900

8259 Claremont Drive, Dallas, TX, 75228

$374,761 ARV

Off Market

3 Beds

2 Bath

1,818 Sq Ft

Single Family Residence

$173.21 / sqft

Built in 1957

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Vented Exhaust Fan, Gas Water Heater

FlooringCarpet, Ceramic Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size8,315 sqft

Building Information

Year Built1957

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000665749000000

Lot Number20

SubdivisionClaremont 2nd Installment

Land UseResidential

Legal DescriptionCLAREMONT 2ND INSTALLMENT BLK 11/7060 LT 20 INT201900134425 DD05222019 CO-DC 7060 011 02000 3007060 011

Census Tract012213

Assessed Land Value$120,000

Assessed Improvement Value$261,510

Assessment Year2025

About this property

Tastefully updated with a flexible open floorplan and situated in a quiet neighborhood just a few minutes from Downtown Dallas and White Rock Lake. The kitchen includes new cabinetry, granite countertops, stainless appliances and is ideally located between the dining room and family room with access to the back yard patio. Rich refinished hardwood floor, designer paint colors inside and out, new roof & AC (2012), extra attic insulation (2014), privacy fence (2016), new garage door & water heater (2017), sprinkler system, security system, garage door opener (2019), and new carpet (2019) are just a few of the updates. The large fenced back yard with a covered patio is the perfect spot to sit an relax.

Investor Tools

$394,000

Estimated Property Value

$0Estimated Mortgage Balance

$151,180Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$374,761

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,364 /month

Positive

Cash Flow Estimate:

$788 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$681/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,205

$381,510

2025

$120,000

$261,510

$381,510

Tax History

Year

Tax Paid

Assessed Value

2024

$6,205

$381,510

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Summit Funding Inc

Conventional

$276,149

First

Mar 26, 2020

Apr 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$242,820

$151,180

38%

62%

$1,656/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,656/mo

+$316/mo

6.0%

Learn About the Market: Opportunity in Dallas

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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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