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Owner Contacts

$875,000

6007 Monticello Ave, Dallas, TX, 75206

$900,360 ARV

Off Market

3 Beds

4 Bath

2,334 Sq Ft

Single Family Residence

$374.89 / sqft

Built in 1939

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan

FlooringWood

Exterior

Lot Size7,650 sqft

Building Information

Year Built1939

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000234406000000

Lot Number2

SubdivisionGreenville

Land UseResidential

Legal DescriptionGREENVILLE CREST 2 BLK F/2859 LOT 2 INT202200141580 DD05172022 CO-DC 2859 00F 00200 1DA2859 00F

Census Tract000202

Assessed Land Value$382,500

Assessed Improvement Value$671,210

Assessment Year2025

About this property

MULTIPLE OFFERS. DEADLINE IS MONDAY, APRIL 18th at NOON. A true M-Street gem! Stunningly remodeled 3 bedroom 3 full bath and 1 half bath with all the modern touches. Chefs kitchen with tons of storage opens to the family room with a fireplace. The large master suite has a beautiful ensuite with double sinks, separate tub and shower and large walk in closet. Each other bedroom is generous in size and has it's own bathroom and great walk in closet. Fabulous back yard has a covered patio, electric gate across the drive way and 2 car attached garage with AC.

Investor Tools

$1,147,000

Estimated Property Value

$1,025,000Estimated Mortgage Balance

$198,736Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$900,359

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,882 /month

Positive

Cash Flow Estimate:

$2,294 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,052/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$18,894

$1,053,710

2025

$382,500

$671,210

$1,053,710

Tax History

Year

Tax Paid

Assessed Value

2024

$18,894

$1,053,710

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Horizon Bank

Conventional

$1,025,000

First

May 17, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$948,264

$198,736

17%

83%

$6,146/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,430/mo

$6,146/mo

$-3,716/mo

2.5%

Learn About the Market: Opportunity in Dallas

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