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$3,666,410

NAL Estimated Property Value

6050 Burgundy Rd, Dallas, TX, 75230

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,857 Sq Ft
price_per_sqft$420.03 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Lot Size18,000 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000412780000000
Lot Number6
SubdivisionPreston Royal
Land UseResidential
Legal DescriptionPRESTON ROYAL BLK 1/5500 LOT 6 BURGUNDY RD & ROYALTON INT202200013998 DD01112022 CO-DC 5500 001 00600 1005500 001
Census Tract013300
Assessed Land Value$756,000
Assessed Improvement Value$2,910,410
Assessment Year2025

About this property

Motivated seller offers soft contemporary home on great corner lot together with pool located in the desirable Preston Hollow neighborhood, close to Central Market, shops, Whole Foods and LBJ FRWY. Buyer can choose to live in this home with and after some repairs or use thls superbe lot with its pool to build a new dream home. Tons of potential. The backyard pool is currently empty and needs attention to be put back into use. The seller does have a survey which may be acceptable to buyer. Seller intends to sell this property in its present condition with NO repairs. Buyer is encouraged to have the property inspected professionally. Property suffered some damage from a recent tornado passage in the area.

Investor Tools

Property Icon
$3,666,410
Estimated Property Value
$1,624,663Estimated Mortgage Balance
$2,041,747Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,998 /month
Positive
Cash Flow Estimate:
$7,333 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,405/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$46,529
$3,666,410
2025
$756,000
$2,910,410
$3,666,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$46,529
$3,666,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$1,773,500
No
First
Jun 1, 2022
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,624,663
$2,041,747
55%
44%
$7,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$7,593/mo
$-5,021/mo
0.8%

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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