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Owner Contacts

$713,000

NAL Estimated Property Value

9370 Springwater Dr, Dallas, TX, 75228

Off Market

4 Beds

3 Bath

2,640 Sq Ft

$187.5 / sqft

Built in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Gas Cooktop, Plumbed For Ice Maker, Gas Water Heater

FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size8,870 sqft

Building Information

Year Built1964

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000707368000000

Lot Number14

SubdivisionLindenwood Park 2nd Inst

Land UseResidential

Legal DescriptionLINDENWOOD PARK 2ND INST BLK R/7295 LT 14 SPRINGWATER DR INT202200031392 DD01312022 CO-DC 7295 00R 01400 3007295 00R

Census Tract012209

Assessed Land Value$125,000

Assessed Improvement Value$460,080

Assessment Year2025

About this property

Great location – Near White Rock Lake, Easy Access to Downtown Dallas. Inviting entry – Gorgeous flooring – Elegant Gas Log Fireplace, all add to the Charm of this Stunning and Immaculate home! The Impressive Kitchen with Loads of Storage, Pocket Door, Tasteful Granite and Gas Cooking is a true Chef's Delight! The Open and Bright floorplan makes Entertaining a Pleasure - Spacious Formal Dining is open to the Warm and Inviting Main Living with views to the Backyard. Master and One other BR down with 2 more Bedrooms, Study and Gameroom up! The Gameroom could also be a 5th Bedroom. Large backyard with impressive Pergola and Landscaping. The perfect home for entertaining during the holidays – both inside and out!

Investor Tools

$713,000

Estimated Property Value

$270,911Estimated Mortgage Balance

$442,089Estimated Equity

62% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,278 /month

Positive

Cash Flow Estimate:

$1,426 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,030/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,794

$585,080

2025

$125,000

$460,080

$585,080

Tax History

Year

Tax Paid

Assessed Value

2024

$8,794

$585,080

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$295,000

First

Jan 31, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$270,911

$442,089

62%

38%

$1,769/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,769/mo

+$803/mo

4.3%

Learn About the Market: Opportunity in Dallas

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