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$534,000

NAL Estimated Property Value

9131 Longmont Dr, Dallas, TX, 75238

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,326 Sq Ft
price_per_sqft$395.93 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,850 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000717919000000
Lot Number2
SubdivisionLake Highlands
Land UseResidential
Legal DescriptionLAKE HIGHLANDS ESTATES NO 12 BLK A/7317 LT 2 INT202500043158 DD03032025 CO-DC 7317 00A 00200 3007317 00A
Census Tract013005
Assessed Land Value$350,000
Assessed Improvement Value$149,660
Assessment Year2025

About this property

Nestled in the highly coveted L Streets neighborhood and zoned to the renowned Richardson ISD, this exquisite home offers the perfect blend of comfort and style. As you step inside, you’re greeted by a spacious foyer and dining room that exudes warmth and charm, with large windows, adorned by plantation shutters, that allow the natural light to shine through. The thoughtfully designed open floor plan ensures that the living room flows effortlessly into the kitchen, creating an ideal space for both relaxation and entertaining. The kitchen boasts an abundance of counter space and cabinetry, providing both function and practicality, while offering plenty of room for culinary creativity. Large windows in the living room and kitchen frame views of the expansive, lush backyard. A two-car attached garage adds convenience and practicality, while the large covered patio beckons for al fresco dining or leisurely afternoons. With its perfect combination of space, beauty, and location, this home is truly a rare find in one of the most desirable neighborhoods in the area.

Investor Tools

Property Icon
$534,000
Estimated Property Value
$1,282,126Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,204 /month
Positive
Cash Flow Estimate:
$1,068 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,707
$499,660
2025
$350,000
$149,660
$499,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,707
$499,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$1,285,080
No
First
Mar 31, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,282,126
N/A
0%
240%
$7,097/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$7,097/mo
$-5,532/mo
3.5%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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9131 Longmont Dr | Property Details | No Agent List