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$522,000

NAL Estimated Property Value

9774 Lanward Drive, Dallas, TX, 75238

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,810 Sq Ft
price_per_sqft$187.29 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,575 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000790585000000
Lot Number8
SubdivisionLake Highlands
Land UseResidential
Legal DescriptionLAKE HIGHLANDS ESTATES BLK A/8093 LT 8 INT202400068047 DD04042024 CO-DC 8093 00A 00800 3008093 00A
Census Tract013005
Assessed Land Value$350,000
Assessed Improvement Value$75,000
Assessment Year2025

About this property

Nestled on a quiet street in Lake Highlands, this spacious single story features beautiful hardwood floors, a renovated master with ensuite bath, a large kitchen, private back yard and a 2 car garage. Hardwood floors and a new electrical panel added in 2014. Master bath remodel and Pergola finished in 2015. New patio door installed in 2016. New HVAC system, fence and French drain added in 2018. MBR completed foundation work in Jan. 2020 with a lifetime transferable warranty. Installation of a completely new sewer system from cast iron to PVC in Feb. 2020. Conveniently located to schools with easy access to White Rock Lake, 635 & 75. Why pay rent when you can own a home that's adorable and affordable?

Investor Tools

Property Icon
$522,000
Estimated Property Value
$388,610Estimated Mortgage Balance
$133,390Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,132 /month
Positive
Cash Flow Estimate:
$1,044 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,864
$425,000
2025
$350,000
$75,000
$425,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,864
$425,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$403,750
No
First
Apr 4, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,610
$133,390
25%
74%
$2,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,471/mo
$-499/mo
4.5%

City: Dallas

9774 Lanward Drive | Property Details | No Agent List