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Owner Contacts

$1,641,000

NAL Estimated Property Value

6031 Richmond Avenue, Dallas, TX, 75206

Off Market

5 Beds

4 Bath

1,564 Sq Ft

Duplex

$223.79 / sqft

Built in 1926

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesOther

Exterior

Lot Size9,250 sqft

Building Information

Year Built2020

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000185200000000

Lot Number17

SubdivisionBelmont

Land UseResidential

Legal DescriptionBELMONT SUBURBAN BLK 20/1911 LT 17 INT202300191655 DD09182023 CO-DC 1911 020 01700 1001911 020

Census Tract001101

Assessed Land Value$432,440

Assessed Improvement Value$1,184,620

Assessment Year2025

About this property

Full duplex in fabulous location walkable to restaurants. In need of work, but fully leased with month to month tenants. Property could be remain a duplex as a renovation project. Being sold at lot value for potential single family residence.

Investor Tools

$1,641,000

Estimated Property Value

$1,365,755Estimated Mortgage Balance

$275,245Estimated Equity

16% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,846 /month

Positive

Cash Flow Estimate:

$3,282 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,696/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$36,142

$1,617,060

2025

$432,440

$1,184,620

$1,617,060

Tax History

Year

Tax Paid

Assessed Value

2024

$36,142

$1,617,060

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$1,402,500

First

Sep 18, 2023

Oct 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,365,755

$275,245

16%

83%

$9,807/mo

Learn About the Market: Opportunity in Dallas

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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.

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