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$602,000

NAL Estimated Property Value

609 Kirkwood, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,765 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.45 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Lot Size7,503 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000519337000000
SubdivisionLake Highlands Estates 5
Land UseResidential
Legal DescriptionLAKE HIGHLANDS ESTATES 5 BLK 8/6134 LT 2 INT201800329578 DD11242018 CO-DC 6134 008 00200 3DA6134 008
Census Tract012900
Assessment Year2025

About this property

Charming Old Lake Highlands home with a welcoming front porch. A wall of windows fills the home with natural light, while an open green space and community garden behind the property provide added privacy in place of a direct rear neighbor. The open floor plan offers no wasted space and is filled with natural light. The home features two en-suite bedrooms, while the third bedroom is served by a hall half bath and offers flexible living—ideal for a nursery, office, or additional living space. Move-in ready with thoughtful updates, the home also offers the opportunity to add your own personal touch. Recent updates include a new roof (2024), along with additional improvements throughout the home (see Transaction Desk for full list). Zoned to highly sought-after Hexter Elementary, with an easy walk through the church parking lot. Ideally located just blocks from White Rock Lake and minutes from the Dallas Arboretum.

Investor Tools

Property Icon
$602,000
Estimated Property Value
$259,189Estimated Mortgage Balance
$342,811Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,612 /month
Positive
Cash Flow Estimate:
$1,204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$858/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,292
$494,890
2025
N/A
N/A
$494,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,292
$494,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$288,250
No
First
Feb 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,189
$342,811
56%
43%
$1,729/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,729/mo
+$351/mo
4.1%

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.

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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609 Kirkwood | Property Details | No Agent List