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$563,000

NAL Estimated Property Value

6037 Timber Creek Ln, Dallas, TX, 75248

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,126 Sq Ft
price_per_sqft$258.7 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Clay, Wood, Other

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,785 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000799677950000
Lot Number16
SubdivisionPreston Port
Land UseResidential
Legal DescriptionPRESTON PORT ESTS BLK B/8206 LT 16 INT202400124968 DD06142024 CO-DC 8206 00B 01600 3DA8206 00B
Census Tract013617
Assessed Land Value$191,250
Assessed Improvement Value$323,720
Assessment Year2025

About this property

*HUGE PRICE REDUCTION!* Mature trees surround this wonderful home on large corner lot. Enjoy a casual, open layout w oversized living areas - great for easy living & entertaining. Large living room w wet bar & cozy fireplace & walls of windows are a backdrop to the dining room - both w beautiful outdoor views. Freshly painted walls & wood flooring in living areas. Plush carpet in bedrooms. Kitchen overlooks backyard & has granite counters, double ovens, vented cooktop & plenty of storage. Eat-in breakfast area, too. Spacious primary suite offers large serene bathroom w quartz counters, soaking tub & separate shower & nicely sized closet. Two additional bedrooms & updated bath. Wonderful spacious backyard w plenty of space to play & entertain. Top-rated schools incl. Brentfield Elem. are the cherry on top. Walking trails, playground, splash park, park, recreation center & pickleball courts nearby. Close proximity to restaurants, shops & major thoroughfares.

Investor Tools

Property Icon
$563,000
Estimated Property Value
$424,872Estimated Mortgage Balance
$138,128Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,378 /month
Positive
Cash Flow Estimate:
$1,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$955/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,644
$514,970
2025
$191,250
$323,720
$514,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,644
$514,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$440,000
No
First
Jun 13, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,872
$138,128
24%
75%
$2,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$2,639/mo
$-359/mo
4.9%

City: Dallas

6037 Timber Creek Ln | Property Details | No Agent List