$890,000
UNDER CONTRACT $60K PRICE DROP

7608 Meadow Oaks Dr Unit 2 Dallas, TX 75230

Estimated payment $5,752/month

Total Views 9,979
7 Beds
5 Baths
4,498 Sq Ft
$198 Price per Sq Ft

Highlights

  • Built-In Features
  • 1-Story Property
  • Central Heating and Cooling System
  • Brick Flooring
  • Attached Carport
  • 5 Car Garage

About This Home

Opportunity knocks with this full duplex on a 15,142 SF lot in a prime Dallas location. With one unit at 2,396 SF and the other at 2,102 SF, both feature 3 beds, 2 baths, private 2-car garages, and spacious layouts. One of the units has an extra exterior unit detached from the main quarters. It has a full bath and separate entry. Current monthly rent is $2,950 on the smaller side, with one of the units being vacant— ideal for owner-occupants or investors looking to reposition. Interior updates could push rents higher in this strong submarket. Large private backyards offer added appeal for tenants. No HOA. Separately metered.

Live in one, rent the other. Hold and cash flow. Or update for even stronger returns.

Listing Agent

Mike Lester

James Lester License #0702623 Listed on: 04/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,031

Year Built

  • Built in 1969

Lot Details

  • 0.35 Acre Lot
  • Private Entrance

Parking

  • 5 Car Garage
  • Attached Carport
  • Rear-Facing Garage
  • Additional Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Dishwasher

Flooring

  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Schools

  • Kramer Elementary School
  • Hillcrest High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 10 / A7288
  • Assessor Parcel Number 00000706424330000

Community Details

Overview

  • 2 Units
  • 4,498 Sq Ft Building
  • Crest Meadow Estates Subdivision

Building Details

  • Gross Income $73,800
  • Net Operating Income $50,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,031

Year Built

Built in 1969

Lot Details

0

Parking

5

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • CapRate: 5.64
  • Co List Office Mls Id: JALE01
  • Special Features: 4224
  • Year Built: 1969

Interior Features

  • Interior Amenities: Built-in Features, High Speed Internet
  • Flooring: Brick, Carpet
  • Appliances: Dishwasher

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 7

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Entrance
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 5.0
  • Total Covered Spaces: 5.0
  • Parking Features: Attached Carport, Additional Parking, Covered, Garage, Garage Faces Rear
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available
  • Heating Yn: Yes

Schools

  • Elementary School: Kramer
  • High School: Hillcrest
  • Junior High Dist: Dallas ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.348
  • Parcel Number: 00000706424330000
  • Lot Size Acres: 0.348
  • Lot Size Sq Ft: 15158.88

Building Info

  • Year Built: 1969
  • Units Total: 2

Multi Family

  • Insurance Expense: 2000.0
  • Annual Gross Income: 73800.0
  • Property Net Operating Income: 50200.0

Tax Info

  • TaxBlock: A7288
  • Tax Lot: 10
  • Tax Annual Amount: 10031.0

MLS Schools

  • MiddleOrJuniorSchool: Benjamin Franklin

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,031 $448,800 $150,000 $298,800
2023 $10,031 $396,890 $125,000 $271,890
2022 $9,924 $396,890 $125,000 $271,890
2021 $8,136 $308,420 $125,000 $183,420
2020 $8,367 $308,420 $125,000 $183,420
2019 $8,775 $308,420 $125,000 $183,420
2018 $7,392 $271,840 $100,000 $171,840
2017 $7,392 $271,840 $100,000 $171,840
2016 $6,848 $251,830 $100,000 $151,830
2015 $1,776 $222,420 $80,000 $142,420
2014 $1,776 $210,060 $70,000 $140,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $890,000 -6.3% $198 / Sq Ft
04/28/2025 04/28/25 For Sale $950,000 -- $211 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20907891

North Texas Real Estate Information Systems (NTREIS)

APN: 00000706424330000