7view

Owner Contacts

$249,850

NAL Estimated Property Value

828 Bitter Creek Dr, Dallas, TX, 75217

Off Market

3 Beds

2 Bath

1,059 Sq Ft

$207.65 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Lot Size5,755 sqft

Building Information

Year Built1982

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000624432920000

Lot Number7

SubdivisionForest Grove No 4

Land UseResidential

Legal DescriptionFOREST GROVE NO 4 BLK 7/6688 LT 7 INT202200078837 DD032212022 CO-DC 6688 007 00700 3006688 007

Census Tract011801

Assessed Land Value$60,000

Assessed Improvement Value$189,850

Assessment Year2025

About this property

Opportunity is knocking in this move in ready home in Dallas. New owners will enjoy the view of the pond from the living room. The heart of the home offers an open concept, the living, dining and kitchen are great for entertaining. The master bedroom offers a walk in closet. A fenced yard and covered patio make this a great place to call home. Seller will review offers Monday.

Investor Tools

$249,850

Estimated Property Value

$218,572Estimated Mortgage Balance

$31,278Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,499 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$561/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,486

$249,850

2025

$60,000

$189,850

$249,850

Tax History

Year

Tax Paid

Assessed Value

2024

$5,486

$249,850

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Square Mortgage & Investments Inc

Fha

$225,834

Yes

First

Mar 21, 2022

Apr 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$218,572

$31,278

12%

87%

$1,422/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,422/mo

+$550/mo

9.5%

Learn About the Market: Opportunity in Dallas

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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.

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