$350,000
●
House -
Off Market
959 Oak Forest Drive
Dallas, TX 75232
4 Beds
2 Baths,
2
Half Baths
1,728 Ft²
$2,144
Est. Monthly
6.60%
Cap Rate
About This Property
Step into this meticulously remodeled 3-bedroom, 2-bathroom home,
where attention to detail shines in every corner. The heart of the
home is the gorgeous kitchen, featuring sleek quartz countertops, a
fully tiled backsplash, and stainless steel appliances. An inviting
island offers the perfect spot for entertaining guests or enjoying
casual breakfasts.
The master suite is a cozy retreat with its own electric fireplace and a luxurious in-suite bathroom, complete with a double vanity and a custom shower showcasing elegant tile work. The open-concept dining area, overlooked by the kitchen, seamlessly flows into the backyard through sliding glass doors.
Outside, you'll find a spacious, covered patio ideal for outdoor relaxation. The backyard is a peaceful haven, shaded by mature trees, providing plenty of space for enjoyment. This home has been thoughtfully designed for comfort and style-ready for you to make it yours!
The master suite is a cozy retreat with its own electric fireplace and a luxurious in-suite bathroom, complete with a double vanity and a custom shower showcasing elegant tile work. The open-concept dining area, overlooked by the kitchen, seamlessly flows into the backyard through sliding glass doors.
Outside, you'll find a spacious, covered patio ideal for outdoor relaxation. The backyard is a peaceful haven, shaded by mature trees, providing plenty of space for enjoyment. This home has been thoughtfully designed for comfort and style-ready for you to make it yours!
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$203
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1962
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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: 2 years ago (NTREIS #20752127)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 11, 2024 | Listed by Keller Williams Realty DPR | $350,000 | |
| Listed by Keller Williams Realty DPR | |||
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by Texas Investors Realty | $179,000 | |
| Listed by Texas Investors Realty | |||
| | |||
|
Rare Investment Opportunity in the Beautiful and Established Highland Estates! Once the Pride of the Neighborhood! Great drive-up appeal! Calling all Investors, Landlords, Flippers, Builders, and those wanting a Bargain Basement Home for You and Your Family! If you're looking for a Fix and Flip, Rehab to Rent, or an Affordable home, look no further! You've found the Perfect Property! With the Sheetrock removed, it makes it easier to remodel! The After Repaired Value is $360k-$370, depending on the quality of your buyer's work! The estimated rehab cost is $70k-$75k! The foundation is solid, the roof needs replacement, but if you do the job, you could save on the cost of labor! Once this property is restored, it should rent between $2,200-$2,400 a month! Guild Mortgage has an excellent renovation program for those who may need financing! Send your Buyers by to see this one before it gets away! The Offer Deadline Date is Sunday, July 7th at 7 pm! No Blind offer will be accepted!
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About South Central Dallas
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Listed by: Cyndi Guajardo, Keller Williams Realty DPR
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20752127
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20752127
Details provided by NTREIS and may not match the public record
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