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$155,000

7642 Woodspan Dr, Dallas, TX, 75232

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.9 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,923 sqft

Building Information

Year Built1958
Roof Type105

Land Information

APN00000746791000000
Lot Number8
SubdivisionPolk Terrace 9
Land UseResidential
Legal DescriptionPOLK TERRACE 9 BLK T/7525 LOT 8 INT201500258698 DD09132013 CO-DC 7525 00T 00800 2007525 00T
Census Tract011104
Assessed Land Value$75,000
Assessed Improvement Value$120,230
Assessment Year2026

About this property

Opportunity awaits at 7642 Woodspan Drie in the Polk Terrace neighborhood of Southwest Dallas. This 3-bedroom, 1-bath home offers  1,041 square feet and a chance to update, renovate, and make the property your own. The location is a major advantage with Willoughby Park, Danieldale Park & Sprayground and Umphrey Lee Elementary School nearby for outdoor recreation. Situated with easy access to Interstate 20 and 35, the property also offers convenient access to Downtown Dallas and major routes throughout the metroplex. The home provides a solid starting point for someone ready to bring fresh ideas and improvements to the space. Whether the vision includes cosmetic updates, a larger renovation, or a complete transformation, there is plenty of opportunity to add value and create something unique. A solid option for those looking to personalize a well-located property in an established neighborhood. This property is being sold as-is, ready for renovation, customization, or updates that may add value. The property has great potential and offers an opportunity for a hands-on renovation or improvement project. NO SIGHT UNSEEN OFFERS.

Investor Tools

$0Estimated Mortgage Balance
$195,230Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,171 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,366
$195,230
2026
$75,000
$120,230
$195,230
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,366
$195,230

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$195,230
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
12.1%

City: Dallas

7642 Woodspan Dr | Property Details | No Agent List