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Dallas 75217 Piedmont
7125 Clearpoint Drive
$252,000
● House - Off Market

7125 Clearpoint Drive

Dallas, TX 75217
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,554 Ft²
$219,252
RealtyHop Estimate
-4.67%
Since May 1, 2022
TX-Dallas
Primary Model

About This Property

Don't miss this wonderful opportunity. Come see this spacious, well-maintained home with a big backyard and covered patio! There is plenty of room in the kitchen and dining room to entertain your family and friends. Nestled away in a cozy neighborhood, you are very close to schools and have easy access to major highway. The backyard is large and secured by a newly installed wooden fence and you can enjoy many outside activities with your covered patio. Hurry and make this house your home!
Unit Size
1,554 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$148
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #20006041)

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold
Premium
Sold
Mar 10, 2022 Listed by Real $230,000
Listed by Real

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • 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: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,612
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,995
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EASTCREST PARK
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: EASTCREST PARK BLK S/6229 LT 10 INT202200160997 DD06022022 CO-DC 6229 000 01000 4DA6229 000

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 009104

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000005444050000
  • Account Number: 000005444050000
  • Parcel: 00-00054-440-500-0000
  • Block: S/622
  • Lot: 10
  • Municipality: DALLAS
  • Latitude: 32.7466
  • Longitude: -96.699

    Address

  • Full Address: 7125 Clearpoint Dr
  • Address - House Number: 7125
  • Address - Street Name: Clearpoint
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C050
  • 4-Digit Zip Code: 1420
  • Zip Code: 75217

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $363,504
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2399
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 291,436
  • High Value: 361,372
  • Low Value: 221,500

    Market Valuation

  • Market Total Value: $260,250
  • Market Land Value: $35,000
  • Market Improvement Value: $225,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,250
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $225,250

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 160997
  • Previous Sale Recording Date: Apr 26, 2022
  • Previous Sale Contract Date: Apr 22, 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 Southeast Dallas

Stats & Trends

Median Asking:

$263,750

Sale Price/ft²

$172

Below Asking

0.03%

Average Days on Market

73

Average Home Size

1669 ft²

Average Home Age

38.7 years

Currently For Sale

497 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 1815 Yucca Drive, Dallas, TX, 75217

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,315 ft²
1815 Yucca Drive, Dallas, TX, 75217 Listing by Brenda Palacios

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Brent Germany, Real
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20006041
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7125 Clearpoint Drive built and last sold?
The property at 7125 Clearpoint Drive was built in 1958 and last sold on Jun 2, 2022 for $246,700.
How much is this home worth?
The estimated value of the home located at 7125 Clearpoint Drive is $0.
What are some comparable homes to 7125 Clearpoint Drive?
There are currently no comparable homes to 7125 Clearpoint Drive.
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