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Wilmer 75172 Meadow Ridge
117 Driftwood Drive
$299,000
● House - Off Market

117 Driftwood Drive

Wilmer, TX 75172
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,216 Ft²
$283,363
RealtyHop Estimate
-5.23%
Since Jul 1, 2022
TX-Dallas
Primary Model

About This Property

Welcome to Wilmer-Dallas! This two story home is spacious with two living area - family room is open plan to kitchen and breakfast area. Three spacious bedrooms up stairs with loft area for additional living space.  Kitchen has granite counter tops and stainless steel appliances. Laminated floors downstairs make for easy maintenance. Large back yard with open patio. Easy walk to Elementary school. Just minutes from Dallas, Wilmer Texas has the advantage of small town living, with big city conveniences.
Unit Size
2,216 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$135
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
2007

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20052904)

Price History

Date / Event Date Event Price
Jun 6, 2022 Sold
Premium
Sold
May 12, 2022 Listed by Coldwell Banker Apex, REALTORS $299,000
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,301
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,436
  • Building Area: 2,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW RIDGE PHASE 1
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: MEADOW RIDGE PHASE 1 BLK C LT 5 INT202200159093 DD06062022 CO-DC 0127600C00500 4CT0127600C

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 016903

Zoning

  • Zoning: Z268

Geography

  • Assessors Map Reference: 540127600C00500
  • Account Number: 540127600C00500
  • Subdivision Tract Number: 1276
  • Parcel: 54-01276-00C-005-0000
  • Block: C
  • Lot: 5
  • Municipality: WILMER
  • Latitude: 32.593
  • Longitude: -96.674

    Address

  • Full Address: 117 Driftwood Dr
  • Address - House Number: 117
  • Address - Street Name: Driftwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Wilmer
  • Carrier Code: R005
  • 4-Digit Zip Code: 3338
  • Zip Code: 75172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $234,971
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2162
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 308,329
  • High Value: 375,014
  • Low Value: 241,644

    Market Valuation

  • Market Total Value: $253,410
  • Market Land Value: $45,000
  • Market Improvement Value: $208,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,410
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $208,410

    Sales

  • Current Sale Contract Date: Feb 14, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 37263
  • Previous Sale Recording Date: Jun 07, 2022
  • Previous Sale Contract Date: Jun 06, 2022
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Meadow Ridge

Stats & Trends

Median Asking:

$289,450

Sale Price/ft²

$123

Below Asking

0.04%

Average Days on Market

73

Average Home Size

2465 ft²

Average Home Age

16.3 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 607 Keats Road, TX, 75172

$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 952 ft²
607 Keats Road, TX, 75172 Listing by Ryan Hillgardner
Unit for rent at 401 Redbud Lane, Wilmer, TX, 75172

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,073 ft²
401 Redbud Lane, Wilmer, TX, 75172 Listing by Nathan Frickle

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Gary Silansky, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20052904
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 117 Driftwood Drive built and last sold?
The property at 117 Driftwood Drive was built in 2007 and last sold on Feb 14, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 117 Driftwood Drive is $301,990.
What are some comparable homes to 117 Driftwood Drive?
There are currently no comparable homes to 117 Driftwood Drive.
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