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Dallas 75241 South East Dallas
3527 Silverhill Drive
$240,000
● House - Off Market

3527 Silverhill Drive

Dallas, TX 75241
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,319 Ft²
$241,530
RealtyHop Estimate
0.64%
Since Apr 1, 2023
TX-Dallas
Primary Model
Unit Size
1,319 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$182
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1970

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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 #20221796)

Price History

Date / Event Date Event Price
Mar 22, 2023 Sold
Premium
Sold
Dec 13, 2022 Listed by Century 21 Mike Bowman, Inc. $240,000
Listed by Century 21 Mike Bowman, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,864
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,319
  • Building Area: 1,319
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,319
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND HILLS 9
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: HIGHLAND HILLS 9 BLK 8/8294 LT 5 INT202300058204 DD03222023 CO-DC 8294 008 00500 2DA8294 008

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 016710

Zoning

  • Zoning: Z297

Geography

  • Assessors Map Reference: 000008018274800
  • Account Number: 000008018274800
  • Parcel: 00-00080-182-748-0000
  • Block: 8/829
  • Lot: 5
  • Municipality: DALLAS
  • Latitude: 32.6647
  • Longitude: -96.7627

    Address

  • Full Address: 3527 Silverhill Dr
  • Address - House Number: 3527
  • Address - Street Name: Silverhill
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C065
  • 4-Digit Zip Code: 5951
  • Zip Code: 75241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $358,885
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2398
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 66
  • Final Value: 257,318
  • High Value: 319,028
  • Low Value: 195,608

    Market Valuation

  • Market Total Value: $231,270
  • Market Land Value: $50,000
  • Market Improvement Value: $181,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,270
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $181,270

    Sales

  • Current Sale Contract Date: Oct 15, 1999
  • Current Sale Recording Date: Oct 30, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Previous Sale Recording Date: Oct 26, 1999
  • Previous Sale Contract Date: Sep 17, 1999
  • Previous Sale Amount: $43,900
  • 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 South Central Dallas

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$177

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1671 ft²

Average Home Age

44.5 years

Currently For Sale

397 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 6307 Rain Lily Drive, Dallas, TX, 75241

$2,475 /mo

  • 4 Beds
  • 2 Baths
  • 1,732 ft²
6307 Rain Lily Drive, Dallas, TX, 75241 Listing by Andrew Webb

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Michelle Carrasco, Century 21 Mike Bowman, Inc.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20221796
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3527 Silverhill Drive built and last sold?
The property at 3527 Silverhill Drive was built in 1970 and last sold on Oct 15, 1999 for $43,900.
How much is this home worth?
The estimated value of the home located at 3527 Silverhill Drive is $0.
What are some comparable homes to 3527 Silverhill Drive?
There are currently no comparable homes to 3527 Silverhill Drive.
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