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$575,000

7008 Leameadow Dr, Dallas, TX, 75248

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,714 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.86 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Private PoolPrivate Pool
Lot Size14,400 sqft

Building Information

Year Built1968
Roof Type105
Garage Spaces2

Land Information

APN00000796498010000
Lot Number1
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD BLK J/8188 LOT 1 AT HILLCREST RD INT202200294936 DD04222022 CO-DC 8188 00J 00100 3008188 00J
Census Tract013607
Assessed Land Value$200,000
Assessed Improvement Value$600,020
Assessment Year2026

About this property

Rare opportunity to secure a high-potential property on a premium, tree-lined street in Far North Dallas' highly coveted Prestonwood subdivision. Situated on an expansive 0.33-acre lot, this single-story home spans 2,714 square feet and offers the ideal structural canvas for investors, flippers, or savvy buyers looking to build equity through a custom renovation. The home currently features a highly functional floor plan including 3 spacious bedrooms, 3 full bathrooms, and 1 powder room. A dedicated home office sits perfectly positioned to easily convert into a 4th bedroom or a private guest suite, instantly maximizing the home's value and layout efficiency. While the entire property is in need of cosmetic updates and modernization, the bones and footprint offer endless possibilities. The sprawling backyard features a private swimming pool that, with some vision and restoration, will serve as a massive future selling point and outdoor entertainment oasis. Properties in this pocket rarely come available at this price point. The home benefits from premier geographic value, feeding into highly rated Richardson ISD schools and sitting just minutes from The Clubs of Prestonwood, the Dallas North Tollway, and the Belt Line Road retail corridor. Bring your contractor and your design ideas to unlock the full potential of this North Dallas gem. Sold as-is. Buyer or Buyer Representative to confirm all measurements.

Investor Tools

$0Estimated Mortgage Balance
$811,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,866 /month
Positive
Cash Flow Estimate:
$1,622 /month

Interested in this property?

James Robinson

C21 Fine Homes Judge Fite

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$945/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,280
$800,020
2026
$200,000
$600,020
$800,020
No

Tax History

Year
Tax Paid
Assessed Value
2026
$7,280
$800,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$811,000
100%
0%
$0/mo

City: Dallas

7008 Leameadow Dr | Property Details | No Agent List