7view

Owner Contacts

$355,990

NAL Estimated Property Value

2006 S Franklin Street, Dallas, TX, 75211

Off Market

4 Beds

4 Bath

1,700 Sq Ft

$176.47 / sqft

Built in 1952

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Gas Cooktop, Microwave

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage

Lot Size8,750 sqft

Building Information

Year Built1952

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000466864000000

Lot Number10

SubdivisionRoland Dale

Land UseResidential

Legal DescriptionROLAND DALE BLK 13/5968 LOT 10 INT201900117112 DD05032019 CO-DC 5968 013 01000 2005968 013

Census Tract006401

Assessed Land Value$100,000

Assessed Improvement Value$255,990

Assessment Year2025

About this property

Charming Gem in Oak Cliff on nice oversized corner lot! Pride in ownership shows throughout the home with tons of updates and bonus features. Main home features 3 beds and 2 full baths. The guest house features a living space, bedroom and private full bath. The garage also has a half bath in it. Garage offers dual sided access from back alley and front sliding gate. A separate storage shed is on the property with full electrical and A C. You will not want to miss this property.

Investor Tools

$355,990

Estimated Property Value

$265,593Estimated Mortgage Balance

$90,397Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,136 /month

Positive

Cash Flow Estimate:

$712 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$625/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,723

$355,990

2025

$100,000

$255,990

$355,990

Tax History

Year

Tax Paid

Assessed Value

2024

$5,723

$355,990

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Lakeview Loan Servicing Llc

Conventional

$295,372

First

Feb 19, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$265,593

$90,397

25%

75%

$1,771/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$1,771/mo

+$801/mo

8.7%

Learn About the Market: Opportunity in Dallas

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