B+

NoAgentList RatingHow are grades calculated?

137Days on Market

1view

$275,000

8615 Elam Heights Dr, Dallas, TX, 75217

On Market

3 Beds

2 Bath

1,731 Sq Ft

Single Family Residence

$158.87 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Cooktop, Electric Oven

Exterior

Lot Size7,802 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces4

Land Information

APN00000571999000000

Lot Number17

SubdivisionElam Heights

Land UseResidential

Legal DescriptionELAM HEIGHTS BLK 4/6350 LT 17 INT202300012376 DD01182023 CO-DC 6350 004 01700 3006350 004

Census Tract009202

Assessed Land Value$50,000

Assessed Improvement Value$242,690

Assessment Year2025

About this property

Seller financing available. Fully renovated home offering a modern, move in ready opportunity for buyers looking for flexible purchase options. This property features a complete renovation with updated flooring, kitchen, bathrooms, fixtures, and finishes throughout. Well designed layout with comfortable living spaces and a private backyard ideal for everyday living or entertaining. Convenient Dallas location with quick access to major highways, shopping, dining, and schools. Seller financing terms to be negotiated between buyer and seller. Buyer to verify all information.

Investor Tools

$294,000

Estimated Property Value

$349,386Estimated Mortgage Balance

$0Estimated Equity

-19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,764 /month

Positive

Cash Flow Estimate:

$588 /month

Interested in this property?

Bryan Lynch

DHS Realty

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$500/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,528

$292,690

2025

$50,000

$242,690

$292,690

Tax History

Year

Tax Paid

Assessed Value

2024

$4,528

$292,690

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Stand Alone Second / Subordinate Position

$249,386

First

Jan 1, 2023

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$588,841

N/A

200%

$3,636/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$3,636/mo

$-1,664/mo

8.0%

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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