Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated?Info
Days59Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$825,000

9342 Springwater Drive, Dallas, TX, 75228

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$314.65 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Convection Oven
FlooringCeramic Tile, Wood

Exterior

Lot Size11,597 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00000707380000000
Lot Number18
SubdivisionLindenwood Park 2nd Inst
Land UseResidential
Legal DescriptionLINDENWOOD PARK 2ND INST BLK R/7295 LT 18 INT202400039243 DD02212024 CO-DC 7295 00R 01800 3007295 00R
Census Tract012209
Assessed Land Value$125,000
Assessed Improvement Value$538,500
Assessment Year2025

About this property

**RECENT PRICE IMPROVEMENT — now competitively positioned and open to owner financing options** Most homes in this part of East Dallas were built in an era of closed-off rooms and chopped-up layouts. This one threw out that playbook entirely. 9342 Springwater near Casa Linda has been completely reimagined from the studs out — new electrical, new plumbing, new ductwork, new staircase, new fences — with a wide-open floor plan that feels nothing like its neighbors. The result is a 4-bedroom, 3-bath home that lives as modern and functional as anything built today. The layout is designed for real life: the primary suite and a second bedroom are both on the main floor, making this ideal for multigenerational living, a dedicated home office, or hosting guests without sacrificing privacy. Two additional bedrooms plus a loft flex space sit upstairs. Three living areas give everyone room to breathe. The redesigned kitchen is a genuine showstopper — white shaker cabinetry, quartz countertops, gas cooktop, and stainless appliances anchoring the open main living space. Bathrooms fully modernized to match. Wide-plank hardwoods and a brand-new statement staircase carry the design language throughout. Outside, the oversized interior lot delivers a large fully fenced backyard plus a rare separate fenced sideyard — the kind of private outdoor space that's nearly impossible to find in Dallas proper. Covered patio, 10-zone irrigation, custom glass-and-wood double doors, epoxy garage floors, security system. Casa Linda. White Rock Lake. Lakewood dining. East Dallas at its best — fully rebuilt for what buyers actually want. Flexible financing options available. Schedule your showing today.

Investor Tools

$552,350Estimated Mortgage Balance
$297,650Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

Interested in this property?

Leigh Bates

Jason Mitchell Real Estate Texas

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,774
$663,500
2025
$125,000
$538,500
$663,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,774
$663,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$562,500
No
First
Jan 3, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$552,350
$297,650
35%
65%
$3,326/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,326/mo
$-754/mo
3.6%

Learn About the Market: Opportunity in Dallas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

9342 Springwater Drive | Property Details | No Agent List