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Dallas 75238 Lake Highlands
8629 Thorbrush Place
$499,000
● House - Off Market

8629 Thorbrush Place

Dallas, TX 75238
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,841 Ft²
$774,901
RealtyHop Estimate
50.47%
Since Sep 1, 2019
TX-Dallas
Primary Model

About This Property

This show-stopping home in a gated enclave is low-maintenance and energy efficient, keeping utility bills low. The open main space is perfect for modern lifestyles and entertaining. Gourmet's delight Kitchen has granite counters, walk-in pantry, soft-close drawers, huge breakfast bar island, wine fridge, and GE Monogram stainless appliance package including double ovens, microwave, and 6-burner gas range. The living room includes gas fireplace upgrade with stacked stone. Hardwoods continue upstairs to landing and second living area. Absolutely huge master suite includes soaking tub, separate shower, and cavernous closet. Zoned for Lake Highlands schools. Offers easy access to shopping, dining, & White Rock Lake
Unit Size
2,841 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$181
Property Type
House
Property Taxes
$1,253
HOA Dues
$60
Year Built
2016

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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 #14038503)

Price History

Date / Event Date Event Price
Aug 12, 2019 Sold
Premium
Sold
Mar 8, 2019 Listed by Dallas City Center Realtors $515,000
Listed by Dallas City Center Realtors

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,104
  • Total Building Area: 3,219
  • Building Area: 2,841
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,841
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAS OF LAKE HIGHLANDS 2
  • Land Acres: 0000000071
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: VILLAS OF LAKE HIGHLANDS 2 BLK C/7081 LOT 11 INT201900213137 DD08122019 CO-DC 7081 00C 01100 3DA7081 00C

Neighborhood

  • School District Name: Richardson Independent School District
  • School Tax School District: RICHARDSON ISD
  • Census Tract: 013005

Zoning

  • Zoning: Z239

Geography

  • Assessors Map Reference: 007081000C01100
  • Account Number: 007081000C01100
  • Parcel: 00-70810-00C-011-0000
  • Block: C/708
  • Lot: 11
  • Municipality: DALLAS
  • Latitude: 32.8666
  • Longitude: -96.7012

    Address

  • Full Address: 8629 Thorbrush Pl
  • Address - House Number: 8629
  • Address - Street Name: Thorbrush
  • Address - Suffix Type: Pl
  • State: TX
  • City Name: Dallas
  • Carrier Code: C034
  • 4-Digit Zip Code: 0070
  • Zip Code: 75238

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,031,468
  • Tax Rate Code Area: RS

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 756,478
  • High Value: 914,845
  • Low Value: 598,110

    Market Valuation

  • Market Total Value: $653,700
  • Market Land Value: $140,000
  • Market Improvement Value: $513,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $653,700
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $513,700

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2019
  • Current Sale Recording Date: Aug 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201900213137
  • Previous Sale Recording Date: Mar 23, 2017
  • Previous Sale Contract Date: Mar 01, 2017
  • Previous Sale Amount: $513,100
  • Previous Sale Document Type: 70
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 Northeast Dallas

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$269

Below Asking

0.03%

Average Days on Market

62

Average Home Size

1844 ft²

Average Home Age

49.2 years

Currently For Sale

893 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 10642 Galena Street, Dallas, TX, 75228

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,300 ft²
10642 Galena Street, Dallas, TX, 75228 Listing by Rheanna Avila

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Paul Carper, Dallas City Center Realtors
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14038503
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 8629 Thorbrush Place built and last sold?
The property at 8629 Thorbrush Place was built in 2016 and last sold on Aug 12, 2019 for $344,300.
How much is this home worth?
The estimated value of the home located at 8629 Thorbrush Place is $0.
What are some comparable homes to 8629 Thorbrush Place?
There are currently no comparable homes to 8629 Thorbrush Place.
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