$425,000
NAL Estimated Property Value6119 East Grand Avenue, Dallas, TX, 75223
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Oven, Gas Cooktop, Vented Exhaust Fan, Gas Water Heater
FlooringWood
Exterior
Lot Size7,350 sqft
Building Information
Year Built1920
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000165121000000
Lot Number5
SubdivisionMount Auburn
Land UseResidential
Legal DescriptionMOUNT AUBURN BLK 7/1614 LT 5 INT201900096720 DD04152019 CO-DC 1614 007 00500 1001614 007
Census Tract001204
Assessed Land Value$176,400
Assessed Improvement Value$172,600
Assessment Year2025
About this property
Fully updated & remodeled 3 bedroom 2 bathroom with 2 car garage. This East Dallas home in developing Mount Auburn, is close to Lakewood, Deep Ellum, Downtown Dallas & walking distance to Woodrow Wilson High school, Tennison Golf & Tennis Club and the Santa Fe Trail. Great front porch, circular drive (to overcome tight access from East Grand). Once inside no traffic noise due to all new windows. H-W floors, New HVAC, electrical, plumbing etc. SS Appliances & fabulous private back yard retreat for cooking out & entertaining.
Investor Tools
$425,000
Estimated Property Value
$217,566Estimated Mortgage Balance
$207,434Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,007
$349,000
2025
$176,400
$172,600
$349,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,007
$349,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$237,800
No
First
Nov 22, 2021
Dec 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,566
$207,434
48%
51%
$1,426/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,426/mo
+$546/mo
5.6%
