B+

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Owner Contacts

$661,000

NAL Estimated Property Value

8648 Forest Hills Boulevard, Dallas, TX, 75218

Off Market

3 Beds

3 Bath

1,712 Sq Ft

Single Family Residence

$379.67 / sqft

Built in 1940

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker

FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage

Lot Size11,335 sqft

Building Information

Year Built1940

Stories1

Roof Type105

Garage Spaces1

Land Information

APN00000368911000000

Lot Number13

SubdivisionLake

Land UseResidential

Legal DescriptionLAKE CREST BLK 4/5225 LT 13 & E 1/2 LT 12 INT202100132910 DD05042021 CO-DC 5225 004 01300 3005225 004

Census Tract008102

Assessed Land Value$350,000

Assessed Improvement Value$247,040

Assessment Year2025

About this property

Complete transformation by award-winning designers. This Scandinavian-inspired Create Atelier home is thoughtfully designed & integrated with the landscape to create an environment sculpted for stylish living. Featuring natural materials and xeriscaping, the exterior is a glimpse of what awaits inside. Bright open living areas anchored by a stunning linear fireplace. Clean lines continue to kitchen w custom rift-cut white oak cabinets & marble counters. Three bedrooms, three custom Lux baths. Steel + oak staircase leads to mezzanine -- a bonus retreat for lounging or working. Custom new construction includes new electrical, plumbing, HVAC, all within a 1940's shell! The best of both worlds on an oversized lot.

Investor Tools

$661,000

Estimated Property Value

$500,911Estimated Mortgage Balance

$160,089Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,966 /month

Positive

Cash Flow Estimate:

$1,322 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,082/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,678

$597,040

2025

$350,000

$247,040

$597,040

Tax History

Year

Tax Paid

Assessed Value

2024

$9,678

$597,040

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Veritex Community Bank

Conventional

$495,000

First

May 4, 2021

Jun 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$500,911

$160,089

24%

76%

$3,298/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$3,298/mo

$-1,218/mo

3.8%

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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