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$754,270

NAL Estimated Property Value

506 Northlake Drive, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,732 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.19 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Gas Water Heater
FlooringLaminate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size14,279 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000392911000000
Lot Number10
SubdivisionLake Highlands
Land UseResidential
Legal DescriptionLAKE HIGHLANDS ESTATES BLK 3/5401 LT 10 INT202100358902 DD11302021 CO-DC 5401 003 01000 3005401 003
Census Tract012900
Assessed Land Value$610,430
Assessed Improvement Value$143,840
Assessment Year2025

About this property

This beautifully updated home on one third of an acre with beautiful trees is walking distance to White Rock Lake! Updates include refurnished real wood floors throughout home, new laminate flooring in kitchen and 2nd living area and breakfast room. Kitchen has silestone countertops, all new appliances including gas range and oven, laundry room, & newer cabinets. All new 2 inch blinds throughout. HVAC has all new duct work and 15 inch insulation in attic, new electrical panel installed outside, new roof, new recessed lighting in living room. Over sided garage with additional parking outside.

Investor Tools

Property Icon
$754,270
Estimated Property Value
$354,985Estimated Mortgage Balance
$399,285Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,526 /month
Positive
Cash Flow Estimate:
$1,509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,081
$754,270
2025
$610,430
$143,840
$754,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,081
$754,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$388,000
No
First
Nov 30, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,985
$399,285
52%
47%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,327/mo
$-247/mo
3.3%

City: Dallas

506 Northlake Drive | Property Details | No Agent List