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Owner Contacts

$474,999

977 N Rustic Cir, Dallas, TX, 75218

Off Market

3 Beds

2 Bath

1,837 Sq Ft

Single Family Residence

$258.57 / sqft

Built in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Oven, Electric Range, Gas Water Heater

FlooringCarpet, Ceramic Tile, Hardwood, Linoleum, Tile, Vinyl

Exterior

Exterior FeaturesOther

Lot Size11,377 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000390913000000

Lot Number11

SubdivisionLake Gardens Rev

Land UseResidential

Legal DescriptionLAKE GARDENS REV BLK 5/5376 LT 11 INT202300216523 DD10202023 CO-DC 5376 005 01100 3005376 005

Census Tract008200

Assessed Land Value$398,200

Assessed Improvement Value$96,800

Assessment Year2025

About this property

This Mid-Century Modern home is all about potential and a great location! Located on a large lot close to White Rock Lake and all the Lake Highlands has to offer. The backyard has plenty of room for a pool and more! Bring your design and updating ideas and make this gem really shine! Unlimited potential! Short commute to uptown Dallas, SMU and downtown Dallas. Act Fast and don't miss this rare opportunity!

Investor Tools

$591,000

Estimated Property Value

$444,600Estimated Mortgage Balance

$167,283Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,546 /month

Positive

Cash Flow Estimate:

$1,182 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,201/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,455

$495,000

2025

$398,200

$96,800

$495,000

Tax History

Year

Tax Paid

Assessed Value

2024

$11,455

$495,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Link

Conventional

$444,600

First

Oct 20, 2023

Nov 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$423,717

$167,283

28%

72%

$2,666/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,080/mo

$2,666/mo

$-586/mo

4.2%

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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