7view

Owner Contacts

$515,000

NAL Estimated Property Value

9656 Lanward Dr, Dallas, TX, 75238

Off Market

3 Beds

2 Bath

1,828 Sq Ft

$240.7 / sqft

Built in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Microwave

FlooringCarpet, Tile, Wood

Exterior

Lot Size8,902 sqft

Building Information

Year Built1959

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000748006000000

Lot Number1

SubdivisionLake Highlands

Land UseResidential

Legal DescriptionLAKE HIGHLANDS ESTATES 16 BLK K/7526 LOT 1 INT202300222932 DD10312023 CO-DC 7526 00K 00100 3007526 00K

Census Tract013005

Assessed Land Value$297,500

Assessed Improvement Value$174,350

Assessment Year2025

About this property

*****OFFER DEADLINE: SUNDAY 6:00PM!! *****Charming, updated 3 bedroom, 2 bath home in coveted L-Streets of Lake Highlands and RISD! Wood flooring in all the living areas, new carpeting in the bedroom wing and fresh paint throughout. The beautifully updated kitchen features granite counters, new backsplash and cabinet door fronts, stainless steel appliances with a large breakfast bar opening to the oversized family with enough space for an additional informal eating area. The family room opens to the large backyard with a large open patio and wood privacy fence making it just perfect for entertaining. All three bedrooms are oversized with ceiling fans, window coverings, new carpet and fresh paint. The large guest bathroom features new cabinet fronts and resurfaced tub. And don't overlook the newer vinyl windows and HVAC system. New gutters, fresh landscaping and mature trees provide for a wonderful drive up appeal. Move-in ready Lake Highlands beauty-- just waiting for you!

Investor Tools

$515,000

Estimated Property Value

$433,700Estimated Mortgage Balance

$81,300Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,090 /month

Positive

Cash Flow Estimate:

$1,030 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$903/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,261

$471,850

2025

$297,500

$174,350

$471,850

Tax History

Year

Tax Paid

Assessed Value

2024

$8,261

$471,850

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Airlines Federal Credit Union

Conventional

$444,200

First

Jan 25, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$433,700

$81,300

15%

84%

$2,664/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,664/mo

$-692/mo

4.6%

Learn About the Market: Opportunity in Dallas

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