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$601,000

NAL Estimated Property Value

6005 Costera Ln, Dallas, TX, 75248

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,242 Sq Ft
price_per_sqft$276.54 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave

Exterior

Exterior FeaturesRain Gutters
Lot Size7,657 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000796948900000
Lot Number41
SubdivisionPrestonwood
Land UseResidential
Legal DescriptionPRESTONWOOD 16 BLK A/8194 LT 41 INT201600360426 DD12272016 CO-DC 8194 00A 04100 3DA8194 00A
Census Tract013617
Assessed Land Value$225,000
Assessed Improvement Value$348,390
Assessment Year2025

About this property

Welcome to 6005 Costera Lane, located in the highly sought-after Prestonwood neighborhood of Dallas. This beautifully updated single-story home offers 3 bedrooms, 3 full bathrooms, and a layout perfect for both everyday living and entertaining. Currently operating as an active short-term rental, this property presents a rare investment opportunity with rental income numbers available upon request. Interior highlights include durable tile flooring, a chef-inspired kitchen with stunning quartzite countertops, and updated bathrooms featuring granite vanities. The spacious primary suite boasts a custom oversized walk-in closet—a true luxury for any homeowner. The open-concept living and dining areas are filled with natural light, creating a warm and inviting space. Located in Richardson ISD and just minutes from major highways, shopping, dining, and parks, this home offers both convenience and style. Whether you’re looking for a move-in ready home or a fully equipped rental investment, 6005 Costera delivers on both.

Investor Tools

Property Icon
$601,000
Estimated Property Value
$306,707Estimated Mortgage Balance
$294,293Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,840
$573,390
2025
$225,000
$348,390
$573,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,840
$573,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$346,640
No
First
Jun 9, 2020
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,707
$294,293
48%
51%
$2,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$2,079/mo
+$201/mo
4.6%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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6005 Costera Ln | Property Details | No Agent List