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$585,000

7227 Cutter Mill Dr, Dallas, TX, 75248

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,712 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.71 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,600 sqft

Building Information

Year Built1975
Roof Type105
Garage Spaces2

Land Information

APN00000820107220000
Lot Number15
SubdivisionHillcrest Manor 2nd Sec
Land UseResidential
Legal DescriptionHILLCREST MANOR 2ND SEC BLK H/8201 LT 15 INT 20070215136 DD06122007 CO-DC 8201 00H 01500 3DA8201 00H
Census Tract013618
Assessed Land Value$340,000
Assessed Improvement Value$384,730
Assessment Year2026

About this property

Large contemporaty home, beautiful harwoods, great floorplan with two living areas, huge backyard pool, spacious primary suite, vaulted ceilings in multiple rooms. Rear entry garage ensures privacy and easy access. THIS HOME IS PRE-FORCLOSURE AND PRICED TO SELL. NEEDS WORK AND UPDATING!!! MUST CLOSE BY NOVEMBER 30TH, CASH BUYERS PREFERED. PERFECT FOR AN INVESTOR FIX AND FLIP.

Investor Tools

$130,629Estimated Mortgage Balance
$687,371Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,908 /month
Positive
Cash Flow Estimate:
$1,636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,788/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,371
$724,730
2026
$340,000
$384,730
$724,730
No

Tax History

Year
Tax Paid
Assessed Value
2026
$17,371
$724,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Financial Inc
Unknown
$262,950
No
First
Jun 12, 2007
Jul 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,629
$687,371
84%
16%
$1,577/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,270/mo
$1,577/mo
+$1,693/mo
4.8%

City: Dallas

7227 Cutter Mill Dr | Property Details | No Agent List