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$699,000

7130 Abrams Rd, Dallas, TX, 75231

$791,504 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.89 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave, Trash Compactor, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Lot Size8,331 sqft

Building Information

Year Built1986
Roof Type105
Garage Spaces2

Land Information

APN0081310J0010A0000
Lot Number10A
SubdivisionReplat Of Merriman Park
Land UseResidential
Legal DescriptionREPLAT OF MERRIMAN PARK BLK J/8131 PT LT 10A VOL2004240/9337 DD12032004 CO-DC 8131 J00 10A00 3DA8131 J00
Census Tract007824
Assessed Land Value$300,000
Assessed Improvement Value$371,960
Assessment Year2026

About this property

Perfectly situated in the heart of Lake Highlands on a corner lot in Merriman Park Estates, this beautifully maintained 3 bed, 3 bath home is only minutes away from the hiking and biking trails of White Rock Lake. Perfectly situated minutes from dining, shopping, and the Lake Highlands amphitheater, with easy DART Rail access to downtown, Mockingbird Station, and Cityplace. We know the home has the right location, and the interior is even more desirable! Gleaming hardwood floors flow throughout the home. The grand room greets you at the front door with soaring ceilings and is anchored by oversized windows, surrounding the space in natural light, built-in bookshelves, and a gas fireplace. Walk through the house to the kitchen to find a second living area, more windows and light, and a sunny breakfast room, with patio access to your private yard with landscaping, shade, and your own peaceful oasis. The first-floor primary suite features an en-suite bath, and access to an additional private outdoor patio space. You'll conveniently find an addtional full bath just off the second living room for guests. Upstairs you'll find an additional loft flex space and, two bedrooms with a full Jack-and-Jill bath. Updates include replaced front windows, new carpets, water heater installed in 2026, and a repaired retaining wall; window coverings and treatments to convey. Outside, a privacy fence surrounds the well-landscaped lot with sprinklers, a covered patio, and a 6-year-old hot tub that stays with the property. The property is zoned to Richardson ISD. Come see it today and get the opportunity to own a beautiful piece of the coveted Merriman Park Estates.

Investor Tools

$239,367Estimated Mortgage Balance
$602,633Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$791,503
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,052 /month
Positive
Cash Flow Estimate:
$1,684 /month

Interested in this property?

Ashley Massey

Douglas Elliman Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,683
$671,960
2026
$300,000
$371,960
$671,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,683
$671,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital One Na
Credit Line (Revolving) / Heloc
$57,700
No
First
Dec 18, 2007
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,367
$602,633
71%
28%
$1,725/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,725/mo
+$247/mo
2.8%

City: Dallas

7130 Abrams Rd | Property Details | No Agent List