Street View

1view

Owner Contacts

$250,000

8311 Summerset Drive, Dallas, TX, 75249

Off Market

3 Beds

2 Bath

1,568 Sq Ft

Single Family Residence

$159.44 / sqft

Built in 2010

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Lot Size7,656 sqft

Building Information

Year Built2010

Stories1

Roof Type105

Garage Spaces2

Land Information

APN008611000K0590000

Lot Number59

SubdivisionMountain Creek Meadows Ph 3

Land UseResidential

Legal DescriptionMOUNTAIN CREEK MEADOWS PH 3 BLK K/8611 LT 59 INT202100203534 DD07072021 CO-DC 8611 00K 05900 4DA8611 00K

Census Tract016527

Assessed Land Value$70,000

Assessed Improvement Value$234,300

Assessment Year2025

About this property

Beautiful & affordable with a peaceful Colorado style view! Spacious interior offers 3 bdrms AND a study. Open concept with high ceilings in kitchen, living & dining rooms add to this homes abundant feel. Kitchen is well appointed with tall cabinets, granite countertops & stainless appliances. Gorgeous plank flooring flows through the study, dining, living & master. Split bdrms provide for private owner's suite with gorgeous bathroom offering dual sinks, separate shower & tub, and walk-in closet. Most rooms freshly painted in today's colors. HVAC replaced in May 2019. Perfect location for the adventurous at heart...2 block walk to Cedar Ridge Preserve and only 3.6 miles to Cedar Hill State Park.

Investor Tools

$304,300

Estimated Property Value

$0Estimated Mortgage Balance

$71,404Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,826 /month

Positive

Cash Flow Estimate:

$609 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$564/month

$200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,252

$304,300

2025

$70,000

$234,300

$304,300

Tax History

Year

Tax Paid

Assessed Value

2024

$5,252

$304,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gardner Financial Services Ltd

Conventional

$256,500

First

Jul 7, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$232,896

$71,404

23%

77%

$1,538/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,600/mo

$1,738/mo

+$862/mo

10.3%

Learn About the Market: Opportunity in Dallas

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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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